The South Monroe housing market is somewhat competitive. The median sale price of a home in South Monroe was $258K last month, up 14.4% since last year. The median sale price per square foot in South Monroe is $190, up 25.3% since last year.
What is the housing market like in South Monroe today?
In December 2024, South Monroe home prices were up 14.4% compared to last year, selling for a median price of $258K. On average, homes in South Monroe sell after 28 days on the market compared to 45 days last year. There were 4 homes sold in December this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$257,500
+14.4% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
South Monroe, MI
$257,500
+14.4%
United States
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How hot is the South Monroe housing market?
South Monroe is somewhat competitive. Homes sell in 33 days.
0
100
61
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 1% above list price and go pending in around 33 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 days.
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.
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 South Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Monroe.
Flood Factor - Minor
27% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Monroe has a minor risk of flooding. 395 properties in South Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 27% of all properties in South Monroe. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Monroe has a moderate risk of wildfire. There are 2 properties in South Monroe that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in South Monroe.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
South Monroe has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South Monroe is most at risk from hurricanes. 2,491 properties in South Monroe have some risk of being in a severe wind event within the next 30 years.