Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 5,084 people, 2,429 houses or apartments, and a median cost of homes of $293,921, Monee real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Monee, accounting for 72.81% of the village's housing units. Other types of housing that are prevalent in Monee include mobile homes or trailers ( 14.60%), row houses and other attached homes ( 9.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.28%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Monee. Owner-occupied housing accounts for 91.47% of Monee's homes, and 83.22% have either three or four bedrooms, which is average sized relative to America.
Monee homes and real estate are some of the newest in America. 61.58% of Monee's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Monee real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 24.06%), and between 1940-1969 ( 9.14%). There's also some housing in Monee built before 1939 ( 5.22%).
Monee's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Monee during the period has been just 5.18%, which is lower than 80% of US communities.
Over the last year, Monee appreciation rates have trailed the rest of the nation. In the last twelve months, Monee's appreciation rate has been 7.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Monee were at 0.26%, which equates to an annual appreciation rate of 1.05%.
Relative to Illinois, our data show that Monee's latest annual appreciation rate is lower than 70% of the other cities and towns in Illinois.
$293,921
for Illinois
for nation
2,429
$2,173 / per month