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County Overview

Monroe County, MI

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

Market Analysis

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

The Monroe County, MI real estate market currently shows 434 active listings, with 180 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has tightened compared to last year, with 31 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 41 days on market compared to 43 days last year.

The median listing price has fallen 0.8% year-over-year, from $316,498 to $314,075.

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Market Context

Market Context

Population: 162,639  ·  Density: 172.3/mi²  ·  Median household income: $75,688

Typical home value: $204,811  ·  Homeownership: 81.2%

Included Areas

Monroe: 48161, 48162

Azalia: 48110

Carleton: 48117

Dundee: 48131

Erie: 48133

Ida: 48140

La Salle: 48145

Lambertville: 48144

Luna Pier: 48157

Maybee: 48159

Milan: 48160

Newport: 48166

Ottawa Lake: 49267

Petersburg: 49270

Area Map

Market Overview

Active Listings
434
⇩ 6.7% vs 465 last year
Pending
180
41% pending ratio
Median Price
$314,075
⇩ 0.8% vs $316,498 last year
Average Price
$360,706
⇧ 1.6% vs $354,981 last year
Days on Market
41
⇩ 4.7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$188
⇧ 2.7% vs $183/sqft last year
Median Home Size
1,657 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇩ 20.8% vs 0.2% last year
Price Increased
0%
⇩ 35%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %