Why Live in Monmouth
Monmouth, a quaint college town in the heart of the Willamette Valley wine country, offers a blend of historical charm and modern convenience. Located about 15 miles southwest of Salem, this grid-formatted community, established by pioneers in the mid-1800s, is home to approximately 11,000 residents and 3,000 college students. Western Oregon University, originally founded as Monmouth University in 1856, is a central feature of the town. The downtown area, centered around Main Street and Pacific Avenue, features an eclectic mix of shops, cafes, and restaurants, providing plenty of things to do. Notable spots include Rick’s Place for coffee, Habebah Mediterranean Cuisine for lunch, and the family-owned Main Street Ice Cream Parlor. The community also enjoys live music and theatrical performances at the Main Street Park outdoor amphitheater, which includes a splash pad and gazebo.
Residential streets are lined with single-family homes, including early 20th-century Craftsman houses, midcentury ranch-style homes, and newer traditional builds. Wide streets, mature trees, and large lot sizes contribute to a classic suburban feel. Parks and walking trails are scattered throughout the neighborhood, with Madrona Park being the largest, offering a picnic shelter and playground. 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, just a 15-minute drive away, and easy access to Interstate 5. The coast is about an hour's drive, and Portland is reachable in an hour and 30 minutes.
Home Trends in Monmouth, OR
On average, homes in Monmouth, OR sell after 95 days on the market compared to the national average of 52 days. The median sale price for homes in Monmouth, OR over the last 12 months is $450,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$452,500
Average Price Per Sq Ft
$307
Number of Homes for Sale
15
Last 12 months Home Sales
96
Median List Price
$472,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
