Monroe, WA Foreclosures
How much do homes sell for in Monroe, WA?
The average home price is currently $801,557.
In Monroe, WA, how many homes are available?
There are currently 33 active home listings available in Monroe.
What’s the average rental cost in Monroe, WA?
The average rental price in Monroe is $1,946.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $21,404,370.
What is currently the cheapest priced home in Monroe, WA?
The cheapest home for sale in Monroe is priced at $14,415.
Living in Monroe, WA
Monroe, WA, is a picturesque town known for its welcoming community, beautiful scenery, and outdoors lifestyle. With an array of local amenities, quality schools, and recreational opportunities, Monroe is ideal for families and nature lovers alike. Its strategic location offers easy access to urban centers while maintaining a suburban charm.
Current Market Conditions in Monroe, WA
The real estate market in Monroe, WA, has been experiencing steady growth, with an increasing number of buyers attracted to the town's charm and affordability compared to nearby urban areas. Home values have consistently risen as demand outstrips supply, which is typical for suburban regions. Prospective buyers can expect to find a mix of single-family homes, townhomes, and some condominiums, catering to a diverse group of residents from first-time homebuyers to families looking for larger living spaces.
Rental properties in Monroe are also on the rise, drawing investment interests due to the increasing population and rental demand. This trend presents opportunities for buy-and-hold investors seeking stable cash flow and appreciation over time.
Home Value Estimator For Monroe, WA
There are currently 9,494 real estate properties
in Monroe, WA,
with a median automated valuation model (AVM) price
of $697,638.00. 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, WA, 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, WA,
is $801,557.00, with the most expensive house
in Monroe, WA, topping out
at $21,404,370.00 and the cheapest home
in Monroe, WA,
clocking in at $14,415.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monroe, WA!
Rent Prices
In Monroe, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monroe, WA, is on
a rollercoaster ride. The
average rent price in Monroe, WA,
is $1,946.00. Indeed, when looking to rent in
Monroe, WA, you can expect to pay as little
as $860.00 or as much
as $5,400.00,
with the average rent median estimated to
be $1,890.00. The good news is that finding
an affordable and desirable property to rent in Monroe, WA
-- 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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