The Central Monroe housing market is very competitive. The median sale price of a home in Central Monroe was $165K last month, up 17.9% since last year. The median sale price per square foot in Central Monroe is $168, up 140.0% since last year.
What is the housing market like in Central Monroe today?
In October 2024, Central Monroe home prices were up 17.9% compared to last year, selling for a median price of $165K. On average, homes in Central Monroe sell after 74 days on the market compared to 19 days last year. There were 3 homes sold in October this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$165,000
+17.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Central Monroe, MI
$165,000
+17.9%
United States
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How hot is the Central Monroe housing market?
Central Monroe is very competitive. Homes sell in 24 days.
0
100
71
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 24 days.
Hot homes
can sell for about 4% above list price and go pending in around 12 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 Central Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Central Monroe.
Flood Factor - Major
37% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Monroe has a major risk of flooding. 265 properties in Central Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 37% of all properties in Central Monroe. Flood risk is increasing slower than the national average.
10% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Monroe has a moderate risk of wildfire. There are 135 properties in Central Monroe that have some risk of being affected by wildfire over the next 30 years. This represents 10% of all properties in Central Monroe.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Central Monroe has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Central Monroe is most at risk from hurricanes. 1,324 properties in Central Monroe have some risk of being in a severe wind event within the next 30 years.