The Monroe housing market is somewhat competitive. The median sale price of a home in Monroe was $262K last month, up 11.7% since last year. The median sale price per square foot in Monroe is $87, down 24.3% since last year.
In May 2025, Monroe home prices were up 11.7% compared to last year, selling for a median price of $262K. On average, homes in Monroe sell after 22 days on the market compared to 27 days last year. There were 28 homes sold in May this year, down from 35 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$262,450
+11.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Monroe, LA
$262,450
+11.7%
United States
To compare other locations to the Monroe and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Monroe add value to a home.
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How hot is the Monroe housing market?
Monroe is somewhat competitive. Homes sell in 16 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 16 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monroe.
Flood Factor - Minor
33% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monroe has a minor risk of flooding. 3,918 properties in Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 33% of all properties in Monroe. Flood risk is increasing faster than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monroe has a moderate risk of wildfire. There are 1,812 properties in Monroe that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Monroe.
63% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Monroe has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monroe is most at risk from hurricanes. 15,478 properties in Monroe have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 109 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 113 mph.