The Monroe housing market is somewhat competitive. The median sale price of a home in Monroe was $218K last month, up 14.5% since last year. The median sale price per square foot in Monroe is $106, down 18.1% since last year.
In March 2024, Monroe home prices were up 14.5% compared to last year, selling for a median price of $218K. On average, homes in Monroe sell after 35 days on the market compared to 12 days last year. There were 26 homes sold in March this year, up from 11 last year.
$245K
Sale Price
-14.0% since last year
$106
Sale $/Sq. Ft.
-18.1% since last year
Under List Price
4.3%
Days on Market
26
Down Payment
—
Total Homes Sold
26
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Monroe housing market?
Monroe is somewhat competitive. Homes sell in 26 days.
0
100
55
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 26 days.
Hot homes
can sell for around list price and go pending in around 8 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
J.S. Clark Magnet Elementary School
Public • PreK-6 • Choice school
459
Students
4 reviews
7/10
Sallie Humble Elementary School
Public • 3-6
596
Students
1 reviews
6/10
Jack Hayes Elementary School
Public • PreK-5
587
Students
5 reviews
6/10
Swartz Upper Elementary School
Public • 3-5
397
Students
8 reviews
5/10
Cypress Point Elementary School
Public • PreK-6
471
Students
3 reviews
Only showing 5 of
22 elementary schools.
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.
Risk Factor
Flood Factor - Moderate
34% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monroe has a moderate risk of flooding. 3,783 properties in Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 34% of all properties in Monroe. Flood risk is increasing faster than the national average.
16% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monroe has a moderate risk of wildfire. There are 3,698 properties in Monroe that have some risk of being affected by wildfire over the next 30 years. This represents 16% of all properties in Monroe.
64% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Monroe has a Severe 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. 14,773 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.