Monroe, GA housing market
The typical Monroe home is worth about $376,000, up 1.1% in a year, 14% above the Georgia typical home. Homes typically sell in 34 days, below asking.
Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.
Monroe at a glance
A balanced market
About 4.7 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Monroe | Georgia |
|---|---|---|
| 2017 | $173,000 | $172,000 |
| 2018 | $187,000 | $186,000 |
| 2019 | $205,000 | $202,000 |
| 2020 | $220,000 | $215,000 |
| 2021 | $253,000 | $240,000 |
| 2022 | $318,000 | $292,000 |
| 2023 | $347,000 | $323,000 |
| 2024 | $361,000 | $334,000 |
| 2025 | $371,000 | $339,000 |
| 2026 | $376,000 | $332,000 |
| August 2026 | $376,000 | $331,000 |
78 new homes permitted in 2025
Builders were permitted 78 new homes in Monroe in 2025, all single-family houses, worth about $29.4 million to build. That's 5 per 1,000 residents, about the pace of Georgia as a whole. Over the past 10 years, Monroe has permitted 670 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Monroe gained 1,694 residents while 257 new homes were permitted: about 6.6 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Georgia: 2.6 new residents per new home.
How Monroe ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 46 | 46 | 0 | $19.9 million |
| 2025 | 78 | 78 | 0 | $29.4 million |
| 2024 | 24 | 24 | 0 | $8 million |
| 2023 | 71 | 71 | 0 | $22.7 million |
| 2022 | 92 | 92 | 0 | $33.8 million |
| 2021 | 76 | 76 | 0 | $25.8 million |
| 2020 | 103 | 103 | 0 | $32.4 million |
| 2019 | 127 | 127 | 0 | $40.1 million |
| 2018 | 55 | 55 | 0 | $18 million |
| 2017 | 23 | 23 | 0 | $6.6 million |
| 2016 | 21 | 21 | 0 | $5.9 million |
| 2015 | 15 | 15 | 0 | $4 million |
| 2014 | 12 | 12 | 0 | $4 million |
| 2013 | 1 | 1 | 0 | $204,000 |
| 2012 | 1 | 1 | 0 | $332,000 |
| 2011 | 1 | 1 | 0 | $25,000 |
| 2010 | 1 | 1 | 0 | $120,000 |
| 2009 | 65 | 1 | 64 | $5.8 million |
| 2008 | 6 | 6 | 0 | $864,000 |
| 2007 | 103 | 45 | 58 | $12.1 million |
| 2006 | 288 | 236 | 52 | $31.4 million |
| 2005 | 158 | 144 | 14 | $19.8 million |
| 2004 | 181 | 161 | 20 | $18.2 million |
| 2003 | 106 | 100 | 6 | $9.1 million |
| 2002 | 124 | 115 | 9 | $10.1 million |
| 2001 | 127 | 123 | 4 | $11.9 million |
| 2000 | 102 | 68 | 34 | $9.3 million |
How Monroe ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
8.4 years of income
The typical Monroe home costs about 8.4 years of the town's median household income, more than across Georgia (4.3 years).
How Monroe ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,390
HUD's Fair Market Rent for a two-bedroom in Monroe is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Monroe pay a median of $1,105, so moving in tends to cost more than staying put. A two-bedroom takes about 37% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,210 · 4 bedrooms $1,980
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (30655, 30656; Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Monroe
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.