The median sale price of a home in University Area Monroe was $164K last month, up 39.4% since last year. The median sale price per square foot in University Area Monroe is $124, up 59.0% since last year.
What is the housing market like in University Area Monroe today?
In October 2024, University Area Monroe home prices were up 39.4% compared to last year, selling for a median price of $164K. On average, homes in University Area Monroe sell after 34 days on the market compared to 49 days last year. There were 2 homes sold in October this year, down from 8 last year.
$226K
Sale Price
+200.7% since last year
$124
Sale $/Sq. Ft.
+59.0% since last year
Under List Price
1.5%
Days on Market
60
Down Payment
—
Total Homes Sold
3
To compare other locations to the University Area 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
View houses in University Area Monroe that sold recently
Learn about schools in the University Area Monroe area
Elementary
Middle
High
GreatSchools Rating
6/10
Cypress Point Elementary School
Public • PreK-6
458
Students
3 reviews
4/10
Lakeshore School
Public • PreK-5
533
Students
3 reviews
1/10
Sherrouse School
Public • K-12
41
Students
N/A
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 University Area Monroe housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University Area Monroe.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Area Monroe has a minor risk of flooding. 59 properties in University Area Monroe are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in University Area Monroe. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
University Area Monroe has a moderate risk of wildfire. There are 36 properties in University Area Monroe that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in University Area Monroe.
52% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
University Area Monroe has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University Area Monroe is most at risk from hurricanes. 1,135 properties in University Area 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 106 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
University Area Monroe has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in University Area Monroe have a Severe Heat Factor®.
University Area Monroe is expected to see a 171% increase in the number of days over 112ºF over the next 30 years. University Area Monroe is expected to experience 6