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MONROE Washington

Buy. Sell. Invest.
Property type: House/Townhouse/Condo

Description

The City of Monroe and its Housing Market

Monroe, WA, is located in southern Snohomish County, near where the Snoqualmie and Skykomish Rivers join to form the Snohomish. It is set against the Cascade Mountains’ foothills. Its population is about 20,000, with a median age of about 34 years and an estimated annual median household income of just below $90,000.

Monroe, WA, is uniquely situated as the economic hub of commerce for the more than 90,000 people residing in the Skykomish Valley, between the City of Snohomish and Stevens Pass. It is located at the confluence of three major highways. These are US-2 and State Routes 203 and 522. It is about 30 miles northeast of the largest city in Washington State, Seattle, and about the same distance from the most prominent business hub, Bellevue, WA. You can obtain more details about Monroe, WA, here.

A brief history of Monroe, WA

It was initially known as Tye City. The main store was called Park Place. It also contained the U.S. Post Office. That store relocated and took the name Monroe at Park Place. This was in honor of James Monroe, the nation’s fifth president. The U.S. Postal Department would not allow any new post offices to use double names; thus, the post office, and eventually the town, became known simply as Monroe.

Nuts & bolts of living in Monroe, WA

Monroe, WA, is surrounded by nature. Its numerous parks, waterways, and environment are healthy and accessible for everyone to enjoy. It has a community-centered infrastructure. More specific details about Monroe, WA zip code, are available here.

The historic downtown of Monroe, WA, and business districts are thriving with locally owned businesses and locally sourced products. You can find everything you need with regional connections. You also have various choices for work, housing, dining, shopping, arts, and activities.

The housing market in Monroe, WA, offers a wide range of housing options. The home prices here are about twenty-five percent below that of the Eastside. These include single-family homes, condominiums, manufactured homes, and homes with large lots. In some neighborhoods, the minimum lot size is five acres. There are no high-rises in Monroe. Majority of the people who live here commute to major business hubs. Commute time to these areas ranges between 30 minutes to an hour. 

Monroe, WA, is considered Exceptionally livable because it ranks very high with a ‘livability’ score of 73. Four critical factors for this very favorable ranking are:

  • Lots of Local Amenities
  • Stable Housing Market
  • High Income per Capita
  • High Graduation Rates

 

The housing market in Monroe, WA, for buying a home

Monroe, WA, is a diverse city and can satisfy many housing requirements. It has a wide range of properties that includes condominiums, single-home sub-divisions, and homes on larger, multiple-acre lots. There are hardly any high-rises. You can live very close to the downtown area or go out a few minutes and be in a neighborhood where the minimum lot size is five acres.

Click here to learn more about homes for sale in Monroe, WA.

 

The housing market in Monroe, WA, for selling a home

Monroe, WA, has recently become a highly desirable city to live. It is within a reasonable commuting distance from the three major business hubs in Western Washington, Redmond, Kirkland and Bellevue. More reasonable house prices than the Eastside, and the wide range of properties available in Monroe, WA is also a draw.

Click here to learn more if you are saying to yourself I want to sell my house in Monroe, WA, or if you wish to get a cash offer for your house.

 

Click here if you are looking for top Real Estate Brokers in Monroe, WA.

Contact the Agent

Nadir Zulqernain

Designated Broker
Nadir Zulqernain, Ph.D., is the Designated Broker of BN Real Estate. His extensive business background, 25+ years of local expertise, and top-notch negotiation skills will help you get what you seek and save you thousands of dollars.  You will benefit significantly by choosing BN Real Estate when searching for real estate agents near me or real estate brokers near me.  His clients testify to his exceptional ability to protect their interests and say that Broker Nadir has an uncanny grasp of the nuances, challenges, and pitfalls of real estate purchase and sale. As a BN Real Estate client, you will enjoy substantial and quantifiable benefits whether you say to them help me buy a home or sell my Eastside home.