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City / Town Overview

Monroe, MI

Aggregate real estate market report across all ZIPs in scope
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The Monroe, MI real estate market currently shows 136 active listings, with 56 pending sales. Homes are averaging 57.6 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57.6 days on market compared to 71.9 days last year.

The median listing price has risen 10.4% year-over-year, from $242,353 to $267,473.

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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Market Context

Market Context

Population: 55,515  ·  Density: 211.2/mi²  ·  Median household income: $64,184

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

Included Areas

Monroe: 48161, 48162

Area Map

Market Overview

Active Listings
136
⇩ 4.9% vs 143 last year
Pending
56
41% pending ratio
Median Price
$267,473
⇧ 10.4% vs $242,353 last year
Average Price
$290,968
⇩ 0.5% vs $292,466 last year
Days on Market
57.6
⇩ 19.9% vs 72 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 8.8% vs $173/sqft last year
Median Home Size
1,352 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %