Monroe, MI housing market
Homes typically sell in 34 days, a little above 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 strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Monroe and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Monroe | — | — | 34 | $59,813 |
| Monroe | $223K | +5.8% | — | $66,909 |
2.8 years of income
The typical Monroe home costs about 2.8 years of the town's median household income, less than across Michigan (3.7 years).
How Monroe ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.