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Monroe Center

MONROE, ME 04951

Real Estate Market Report  ·  Waldo County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The MONROE, ME real estate market (04951) currently shows 3 active listings, with 1 pending sales. Homes are averaging 179 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 179 days on market compared to 127 days last year.

The median listing price has fallen 1.5% year-over-year, from $291,250 to $286,950.

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 Context

Market Context

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

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

Market Overview

Active Listings
3
⇩ 40% vs 5 last year
Pending
1
33% pending ratio
Median Price
$286,950
⇩ 1.5% vs $291,250 last year
Average Price
$286,950
⇩ 8.4% vs $313,125 last year
Days on Market
179
⇧ 40.9% vs 127 days last year

Price Per Square Foot

Median $/sqft
$179
⇩ 6.3% vs $191/sqft last year
Median Home Size
1,626 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 5 last year
  • Days on market: 179 now vs 127 last year

Median & Average Pricing

Year over Year
  • Median: $286,950 (-1.5% YoY)
  • Average: $286,950 (-8.4% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.2 miles — 179 listings ($84,259,806 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04951Monroe, ME 049510.0 mi3$972,900$289,900$324,300
04438Frankfort, ME 044386.3 mi2$669,900$334,950$334,950
04932Dixmont, ME 049327.5 mi4$1,139,900$339,950$284,975
04444Hampden, ME 044449.6 mi30$17,841,300$517,500$594,710
04974Searsport, ME 049749.9 mi16$8,822,928$399,500$551,433
04987Troy, ME 0498711.4 mi1$249,900$249,900$249,900
04419Carmel, ME 0441913.1 mi4$1,439,996$359,999$359,999
04952Morrill, ME 0495214.5 mi4$720,000$172,000$180,000
04988Unity, ME 0498815.5 mi5$1,831,250$339,750$366,250
04922Burnham, ME 0492217.5 mi4$1,077,332$294,000$269,333
04421Castine, ME 0442118.3 mi4$9,239,000$1,382,500$2,309,750
04488Stetson, ME 0448818.8 mi2$744,000$372,000$372,000
04401Bangor, ME 0440119.2 mi100$39,511,400$362,225$395,114

Frequently Asked Questions

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

As of March 2026, there are 3 active listings in MONROE, ME (zip code 04951), compared to 5 the prior year.

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

The median listing price in MONROE, ME 04951 is $286,950 as of March 2026, a 1.5% decrease from $291,250 the prior year.

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

Homes in MONROE, ME 04951 spend an average of 179 days on the market before going under contract, compared to 127 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 March 2026, MONROE, ME 04951 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 179 days on market compared to 127 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 $5,739 compared to a typical 5% commission on the median listing price of $286,950. 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.