Why Live in Monmouth
Monmouth, a quaint college town in the heart of the Willamette Valley wine country, is about 15 miles southwest of Salem. Known for its historical roots and grid-formatted layout, Monmouth was the last dry city on the West Coast until 2002. The town is home to Western Oregon University and has a population of around 11,000 residents and 3,000 college students. The downtown area features an eclectic mix of shops and restaurants along Main Street and Pacific Avenue, including Rick’s Place for coffee, Habebah Mediterranean Cuisine for lunch, and the family-owned Main Street Ice Cream Parlor. The community enjoys live music and theatrical performances at the Main Street Park outdoor amphitheater, which also has a splash pad and gazebo. Residential streets are lined with single-family homes, including early 20th-century Craftsman homes, midcentury ranch-style houses, and traditional homes built in the early 2000s. Parks and walking trails are scattered throughout the neighborhood, with Madrona Park being the largest. Monmouth shares many amenities and services with the nearby town of Independence, including holiday celebrations and a school district. Commuters benefit from the town's proximity to Salem, Albany, and Interstate 5, with Portland being about an hour and a half away. The area is safer than the national average, providing a low crime risk environment for residents.
Home Trends in Monmouth, OR
On average, homes in Monmouth, OR sell after 78 days on the market compared to the national average of 50 days. The median sale price for homes in Monmouth, OR over the last 12 months is $450,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$465,000
Average Price Per Sq Ft
$327
Number of Homes for Sale
26
Last 12 months Home Sales
122
Median List Price
$491,950
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-6%
