28110, Monroe, NC

The 28110 zip code of Monroe, NC has a median home value of $136,000. This is significantly lower than the statewide median home value of $217,500. The average home value in this zip code is also much lower than the national average home value of $205,800.

There are a number of factors that may contribute to the low home values in this zip code. One potential reason is that there are a large number of homes that were built before 1985. These older homes typically have less valuable features and may not be in as good condition as newer homes. Additionally, Monroe is located in one of the most economically depressed areas in North Carolina. This could lead to fewer people wanting to purchase or invest in homes here, which would further depress prices.

Despite these factors, there are still some homeowners who have been able to achieve high home values in the 28110 zip code. Some of these homeowners may be able to capitalize on strong market conditions by selling their homes at an increased price or investing in more expensive properties. Others may be able to maintain their property values by making necessary updates and improvements to their homes.