The Downtown Monroe housing market is not very competitive. The median sale price of a home in Downtown Monroe was $408K last month, up 35.8% since last year. The median sale price per square foot in Downtown Monroe is $150, up 4.9% since last year.
What is the housing market like in Downtown Monroe today?
In October 2024, Downtown Monroe home prices were up 35.8% compared to last year, selling for a median price of $408K.
$715K
Sale Price
+112.6% since last year
$150
Sale $/Sq. Ft.
+4.9% since last year
Over List Price
0.2%
Days on Market
91
Down Payment
—
Total Homes Sold
1
To compare other locations to the Downtown 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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Work with the best agents in Downtown Monroe
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How hot is the Downtown Monroe housing market?
Downtown Monroe is not very competitive. Homes sell in 91 days.
0
100
18
Not 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
Multiple offers are rare.
The average homes sell for around list price and go pending in around 91 days.
Hot homes
can sell for around list price and go pending in around 37 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 Downtown Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Monroe.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Monroe has a minor risk of flooding. 29 properties in Downtown Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Downtown 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
Downtown Monroe has a moderate risk of wildfire. There are 3 properties in Downtown Monroe that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Downtown Monroe.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Monroe has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Monroe is most at risk from hurricanes. 395 properties in Downtown Monroe 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 77 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.
64% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Monroe has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 64% of homes in Downtown Monroe have a Major Heat Factor®.
Downtown Monroe is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Downtown Monroe is expected to experience 8