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Monroe Center

MONROE, ME 04951

Real Estate Market Report  ·  Waldo County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 62.5% vs 8 last year
Pending
1
33% pending ratio
Median Price
$289,900
⇩ 1% vs $292,750 last year
Average Price
$302,633
⇧ 5.3% vs $287,277 last year
Days on Market
117
⇩ 4.1% vs 122 days last year

Market Context

Population: 1,079  ·  Density: 10.7/mi²  ·  Median household income: $73,333

Typical home value: $191,132  ·  Homeownership: 79.5%

Market Analysis

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

The MONROE, ME real estate market (04951) currently shows 3 active listings, with 1 pending sales. Homes are averaging 117 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 117 days on market compared to 122 days last year.

The median listing price has fallen 1% year-over-year, from $292,750 to $289,900.

Whether you are buying or selling in MONROE, ME, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 8 last year
  • Days on market: 117 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $289,900 (-1% YoY)
  • Average: $302,633 (+5.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.1 miles — 91 listings ($46,256,046 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04951Monroe, ME 049510.0 mi3$907,899$289,900$302,633
04438Frankfort, ME 044386.3 mi2$669,900$334,950$334,950
04932Dixmont, ME 049327.5 mi4$1,159,800$339,950$289,950
04444Hampden, ME 044449.6 mi31$18,559,359$525,000$598,689
04974Searsport, ME 049749.9 mi18$10,491,642$399,500$582,869
04987Troy, ME 0498711.4 mi1$324,950$324,950$324,950
04419Carmel, ME 0441913.1 mi4$1,518,000$360,000$379,500
04952Morrill, ME 0495214.5 mi4$717,332$170,000$179,333
04988Unity, ME 0498815.5 mi5$1,884,690$374,375$376,938
04929Detroit, ME 0492916.9 mi3$825,000$275,000$275,000
04472Orland, ME 0447218.3 mi8$4,113,600$439,950$514,200
04973Searsmont, ME 0497318.4 mi3$1,053,999$309,000$351,333
04476Penobscot, ME 0447619.1 mi5$4,029,875$354,450$805,975

Frequently Asked Questions

How many homes are for sale in MONROE, ME 04951?

As of January 2026, there are 3 active listings in MONROE, ME (zip code 04951), compared to 8 the prior year.

What is the median home price in MONROE, ME 04951?

The median listing price in MONROE, ME 04951 is $289,900 as of January 2026, a 1% decrease from $292,750 the prior year.

How long do homes stay on the market in MONROE, ME?

Homes in MONROE, ME 04951 spend an average of 117 days on the market before going under contract, compared to 122 days the prior year.

Is it a seller's or buyer's market in MONROE, ME 04951?

Based on current inventory and days-on-market data as of January 2026, MONROE, ME 04951 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 117 days on market compared to 122 days last year.

How much can I save on real estate commission in MONROE, ME?

With SELL123.com's maximum 3% commission, sellers in MONROE, ME 04951 save an estimated $5,798 compared to a typical 5% commission on the median listing price of $289,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.