Monroe, PA

Population: 28,491
Average annual home appreciation rate: 0.10%
Total of homes for sale in this market: 52
Median home price: $129,804
Median Rent: $850 per room
Home price range: 56.09% of homes are between $100,001 – $199,000
Median sales price: $118,000
Number of homes: 81
Median foreclosure sales price: $53,505
Foreclosure discount: 55%
Most common home type: 68.16% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 5.78%
Number of renters: 29.42%
Number of owner occupied: 70.58%
Number people living below poverty level: 7.02%
Unemployment rate: 5.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Monroeville 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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