Monroe, NE Foreclosures
How much do homes sell for in Monroe, NE?
The average home price is currently $390,684.
In Monroe, NE, how many homes are available?
There are currently 5 active home listings available in Monroe.
What’s the average rental cost in Monroe, NE?
The average rental price in Monroe is $1,209.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $2,038,879.
What is currently the cheapest priced home in Monroe, NE?
The cheapest home for sale in Monroe is priced at $33,967.
Living in Monroe, NE
Monroe is a small, close-knit community in Nebraska, known for its friendly atmosphere and picturesque surroundings. With a population of just over 1,000 people, this rural town offers a peaceful lifestyle, ample outdoor activities, and a strong sense of community. Its convenient location provides residents easy access to larger cities while maintaining the charm of a small town.
Current Market Conditions in Monroe, NE
The real estate market in Monroe, NE is currently stable, characterized by a balanced mix of home buyers and sellers. The demand for housing remains steady, partly due to the area’s appeal for those looking to escape urban living while still enjoying modern conveniences. Homes are being sold at fair prices, with some competitive bidding occasionally seen in desirable neighborhoods.
There has been a noticeable trend towards home renovations and improvements, as many homeowners invest in upgrading their properties rather than selling them. This trend indicates a positive outlook for home values in the region, attracting potential buyers from surrounding areas looking for affordable housing options.
Home Value Estimator For Monroe, NE
There are currently 315 real estate properties
in Monroe, NE,
with a median automated valuation model (AVM) price
of $258,105.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monroe, NE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Monroe, NE,
is $390,684.00, with the most expensive house
in Monroe, NE, topping out
at $2,038,879.00 and the cheapest home
in Monroe, NE,
clocking in at $33,967.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monroe, NE!
Rent Prices
In Monroe, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monroe, NE, is on
a rollercoaster ride. The
average rent price in Monroe, NE,
is $1,209.00. Indeed, when looking to rent in
Monroe, NE, you can expect to pay as little
as $560.00 or as much
as $2,320.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Monroe, NE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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