The housing in 79756 Monahans, TX is very affordable compared to the US average. The median value of a house in this area is $149,400, which is significantly lower than the US median of $338,100. Over the past year, the appreciation rate of homes in Monahans was 4.71%, much lower than the national rate of 8.27%. This makes Monahans an attractive option for buyers looking for a low cost and relatively stable housing market.
The median home cost in Monahans (zip 79756) is $149,400. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Monahans (zip 79756) is up 7.2%.
Average Age of Homes
- The median age of Monahans (zip 79756) real estate is 47 years old
The Rental Market in Monahans (zip 79756)
- Renters make up 24.8% of the Monahans (zip 79756) population
- 3.8% of houses and apartments in Monahans (zip 79756), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.