Median price for residential apartments in Monette, AR as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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36 Monette, AR, USA apartments for sale
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Monette
According to statistics, the population in Monette, AR amounts to 1,666, which shows decline -5% compared to the previous year. The median age of the city’s residents is 50. The average household income is $48,036, shifting decline -4% from the past year, and the average property value in Monette, AR decline -2% to $81,400 throughout the year.
| Population | 1,666 |
| Median Age | 49.5 |
| Poverty Rate | 12% |
| Household Income | $48,036 |
| Number Of Employees | 672 |
| Median Property Value | $81,400 |
Household Income
The average household income in Monette, AR declined from $50,069 to $48,036 in the past year. This data is an estimate based upon 707 households in Monette, AR . The chart below presents how household income is distributed in Monette, AR in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Monette, AR shifted from $82,800 to $81,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Monette, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Monette, AR properties falls in the '$70,000 to $79,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Monette, AR compared to median property taxes around the country. The prevalent amount of property taxes in Monette, AR equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Monette, AR, USA
Average apartment sale in Monette: $161,634 (-3.5%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $41,763 | -1.6% |
| 2-bed apartments | $149,900 | +6% |
| 3-bed apartments | $194,426 | -2.2% |
During Jan 2023, the average price for an apartment in/near Monette, AR decreased by 3.5% to $161,634.
Knowing the current property prices is key if you plan to buy a studio in Monette, AR. The average price for a studio has decreased since the last month, currently being $41,763. Asking price for 2-bed apartment also increased by 6% and a place of this size will now cost you $149,900. A 3-bed apartment goes for $194,426, it decreased by 2.2% lately. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $319,900 for a big-family home.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Land for sale | $41,763 | -1.6% |
| Houses for sale | $189,689 | -1.7% |
Price reports demonstrate that house price decreased by 1.7% this month making it up to $189,689. The average price of the land for sale in Monette, AR has decreased by 1.6%, and now equals $41,763.
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