Monroe, WA Foreclosures
How much do homes sell for in Monroe, WA?
The average home price is currently $796,907.
In Monroe, WA, how many homes are available?
There are currently 8 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 $21,260,958.
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 city located in Snohomish County, strategically positioned for those seeking a mix of tranquility and convenience. This family-friendly town features an array of local amenities, top-rated schools, and ample outdoor recreational opportunities. With its nostalgic charm and access to urban infrastructure, Monroe is an attractive option for homebuyers.
Current Market Conditions in Monroe, WA
The real estate market in Monroe has shown consistent growth over the past year, with an increase in home values due to the area's appeal and suitability for families. The demand for single-family homes has remained high, leading to competitive bidding situations when properties are listed, often resulting in sales above the asking price. With the increasing trend of remote work, more buyers are considering suburban areas like Monroe for more space and affordability compared to city living.
Recently, there has been a shift towards new construction in Monroe, addressing the rising demand for homes in the region. Additionally, the market is witnessing an influx of younger families looking to settle, resulting in a dynamic and evolving community.
Home Value Estimator For Monroe, WA
There are currently 9,927 real estate properties
in Monroe, WA,
with a median automated valuation model (AVM) price
of $695,939.00. 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 $796,907.00, with the most expensive house
in Monroe, WA, topping out
at $21,260,958.00 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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