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City / Town Overview

Monroe, MI

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
140
⇩ 2.1% vs 143 last year
Pending
41
29% pending ratio
Median Price
$263,990
⇧ 16% vs $227,509 last year
Average Price
$299,608
⇧ 8.6% vs $275,986 last year
Days on Market
75.8
⇧ 1.6% vs 75 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Monroe, MI real estate market currently shows 140 active listings, with 41 pending sales. Homes are averaging 75.8 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 75.8 days on market compared to 74.6 days last year.

The median listing price has risen 16% year-over-year, from $227,509 to $263,990.

Whether you are buying or selling in Monroe, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Monroe: 48161, 48162

Market Context

ZIP coverage: 2  ·  Population: 55,515  ·  Median household income: $64,184

Typical home value: $168,651  ·  Homeownership rate: 74.2%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings