The Central Monroe housing market is very competitive. The median sale price of a home in Central Monroe was $154K last month, down 0.19% since last year. The median sale price per square foot in Central Monroe is $79, down 19.3% since last year.
What is the housing market like in Central Monroe today?
In March 2024, Central Monroe home prices were down 0.19% compared to last year, selling for a median price of $154K. On average, homes in Central Monroe sell after 21 days on the market compared to 43 days last year. There were 8 homes sold in March this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$153,950
-0.19% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Central Monroe, MI
$153,950
-0.19%
United States
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How hot is the Central Monroe housing market?
Central Monroe is very competitive. Homes sell in 19 days.
0
100
83
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 1% above list price and go pending in around 19 days.
Hot homes
can sell for about 9% above list price and go pending in around 7 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.
Risk Factor
Flood Factor - Severe
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Central Monroe has a severe risk of flooding. 269 properties in Central Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Central Monroe. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Central Monroe has a minor risk of wildfire. There are 47 properties in Central Monroe that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Central Monroe.
Central Monroe has minimal risk of severe winds over the next 30 years
Wind Factor
Central Monroe has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.