October's First-Time Homebuyer Report for Monument

Monument has an older population than other areas in Oregon with a median age of 40 years. It is also much less affluent than average with a median income of $30,545 per household. The Monument market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The top school in the city is Freedom Elementary School.

Price Range

The median value of homes in Monument is $114,700, making it one of the lower priced areas in Oregon. At the same time, the average list price of available homes is presently $181,495.

Curious as to which homes have been getting the most attention in Monument? These listings have stirred up interest and produced the most views:

$185K  

Typical Dwelling

A two-bedroom detached home valued around $85,000 is considered a typical dwelling in Monument. If a buyer was looking for a similar home, they would need good credit and a $17,000 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $40 and the property tax rate is $11.23 per $1,000 of taxable assessed value.

Get started right now by checking out Monument homes for sale or reviewing Monument real estate trends.


Data reported through 10/13/2016

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