City:
Monmouth is a city in the state of oregon with a population of roughly 12,297. It is in Polk County, Oregon the Salem, OR core-based statistical areas (CBSA), and the Portland-Vancouver-Salem, OR-WA combined statistical area (CSA).Its Zip codes include 97361 .
Real estate in Monmouth, Oregon is a hot commodity. The city has a population of just over 10,000 people and is located in the heart of the Willamette Valley wine country. There are plenty of homes for sale in Monmouth, but buyers will need to be prepared to spend a bit more than they would in other areas of the state.
The average home price in Monmouth is $375,000, which is about $60,000 more than the statewide average. The city's popularity as a wine-producing area may be one reason for this higher price tag; another reason may be that there are fewer homes available for sale than elsewhere in Oregon.
There are several factors that potential homebuyers should consider when looking at real estate in Monmouth. First and foremost is location: the city is situated near some of Oregon's most popular tourist destinations (including Crater Lake National Park and Mount Hood), making it an ideal place to live if you're interested in enjoying all that the state has to offer. Second is infrastructure: while there aren't many major highways passing through Monmouth, it does have access to I-5 and I-205, both of which make getting around fairly easy. Third is schools: while not as well-known as some other areas of Oregon (due largely to its smaller population), Monmouth does have several schools that are nationally ranked (including two universities). Finally, there's always the matter of price: given that there are fewer homes available for sale compared to other parts of Oregon, buyers should expect to pay a bit more than they would elsewhere.
Price Index: Salem, OR