Monroe, LA

Population: 49,761
Average annual home appreciation rate: 3.36%
Total of homes for sale in this market: 98
Median home price: $126,012
Median Rent: $692 per room
Home price range: 29.73% of homes are between $107,001 – $213,000
Median sales price: NO DATA
Number of homes: 152
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 68.43% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.21%
Number of renters: 57.80%
Number of owner occupied: 42.21%
Number people living below poverty level: 36.14%
Unemployment rate: 8.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Monroe area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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