All Home Types
Monroe, MI Housing Market
What is the housing market like in Monroe today?
In October 2024, Monroe home prices were up 23.2% compared to last year, selling for a median price of $223K. On average, homes in Monroe sell after 38 days on the market compared to 19 days last year. There were 21 homes sold in October this year, down from 32 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$223,000
+23.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Monroe, MI
$223,000
+23.2%
United States
Monroe Migration & Relocation Trends
In Sep '24 - Nov '24, 21% of Monroe homebuyers searched to move out of Monroe, while 79% looked to stay within the metropolitan area.
- Across the nation, 0.84% of homebuyers searched to move into Monroe from outside metros.
- Los Angeles homebuyers searched to move into Monroe more than any other metro followed by New York and Washington.
Where are people moving to Monroe from?
- 79% of Monroe homebuyers searched to stay within the Monroe metropolitan area.
- Traverse City was the most popular destination among Monroe homebuyers followed by Cape Coral and Saginaw.
Where are people from Monroe moving to?
Number of People Moving to Monroe
least
most
People are moving to Monroe from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 531 | ||
| 2 | 468 | ||
| 3 | 458 | ||
| 4 | 397 | ||
| 5 | 261 | ||
| 6 | 158 | ||
| 7 | 115 | ||
| 8 | 112 | ||
| 9 | 94 | ||
| 10 | 73 | ||
People are leaving Monroe for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 161 | ||
| 2 | 143 | ||
| 3 | 117 | ||
| 4 | 112 | ||
| 5 | 104 | ||
| 6 | 92 | ||
| 7 | 88 | ||
| 8 | 77 | ||
| 9 | 51 | ||
| 10 | 49 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Monroe.
Provided by First Street Foundation
Transportation in Monroe
Learn about the walkability, bikeability, and transit-friendliness of Monroe
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Somewhat Bikeable
Bike Score®
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