What is the housing market like in Monroe Avenue today?
In November 2023, Monroe Avenue home prices were up 3.4% compared to last year, selling for a median price of $305K.
$455K
Sale Price
$82
Sale $/Sq. Ft.
Over List Price
1.1%
Days on Market
159
Down Payment
—
Total Homes Sold
1
To compare other locations to the Monroe Avenue and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Memphis add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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 Avenue housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monroe Avenue.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monroe Avenue has a minor risk of flooding. 11 properties in Monroe Avenue are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Monroe Avenue. Flood risk is increasing slower than the national average.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Monroe Avenue has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monroe Avenue is most at risk from hurricanes. 167 properties in Monroe Avenue 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 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 72 mph.