The Southwest Monroe housing market is somewhat competitive. The median sale price of a home in Southwest Monroe was $172K last month, up 11.0% since last year. The median sale price per square foot in Southwest Monroe is $121, down 1.6% since last year.
What is the housing market like in Southwest Monroe today?
In March 2024, Southwest Monroe home prices were up 11.0% compared to last year, selling for a median price of $172K. On average, homes in Southwest Monroe sell after 38 days on the market compared to 7 days last year. There were 17 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$172,000
+11.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Monroe, MI
$172,000
+11.0%
United States
To compare other locations to the Southwest Monroe and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Monroe add value to a home.
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How hot is the Southwest Monroe housing market?
Southwest Monroe is somewhat competitive. Homes sell in 27.5 days.
0
100
43
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% below list price and go pending in around 28 days.
Hot homes
can sell for about 4% above list price and go pending in around 6 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 Southwest Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Monroe.
Risk Factor
Flood Factor - Moderate
39% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Monroe has a moderate risk of flooding. 255 properties in Southwest Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 39% of all properties in Southwest Monroe. Flood risk is increasing slower than the national average.
Southwest Monroe has minimal risk of severe winds over the next 30 years
Wind Factor
Southwest 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.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Southwest Monroe has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Southwest Monroe have a Moderate Heat Factor®.
Southwest Monroe is expected to see a 114% increase in the number of days over 101ºF over the next 30 years. Southwest Monroe is expected to experience 7