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City / Town Overview

Monroe, MI

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

Market Analysis

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

The Monroe, MI real estate market currently shows 166 active listings, with 75 pending sales. Homes are averaging 44.9 days on the market before going under contract.

Inventory has tightened compared to last year, with 40 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 44.9 days on market compared to 47.6 days last year.

The median listing price has fallen 1.8% year-over-year, from $277,045 to $272,186.

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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
166
⇩ 19.4% vs 206 last year
Pending
75
45% pending ratio
Median Price
$272,186
⇩ 1.8% vs $277,045 last year
Average Price
$306,588
⇩ 2.3% vs $313,737 last year
Days on Market
44.9
⇩ 5.7% vs 48 days last year

Price Per Square Foot

Median $/sqft
$195
⇧ 11.8% vs $174/sqft last year
Median Home Size
1,445 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 %