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MONROE, MI 48161

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The MONROE, MI real estate market (48161) currently shows 88 active listings, with 25 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 43 days last year.

The median listing price has risen 13.3% year-over-year, from $265,000 to $300,213.

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: 26,775  ·  Density: 230.6/mi²  ·  Median household income: $60,330

Typical home value: $162,691  ·  Homeownership: 73.1%

Market Overview

Active Listings
88
⇩ 8.3% vs 96 last year
Pending
25
28% pending ratio
Median Price
$300,213
⇧ 13.3% vs $265,000 last year
Average Price
$336,646
⇩ 3.5% vs $348,793 last year
Days on Market
49
⇧ 14% vs 43 days last year

Price Per Square Foot

Median $/sqft
$196
⇧ 5.4% vs $186/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 96 last year
  • Days on market: 49 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $300,213 (+13.3% YoY)
  • Average: $336,646 (-3.5% 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 16.5 miles — 548 listings ($125,251,978 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48161Monroe, MI 481610.0 mi78$25,074,192$265,925$321,464
48162Monroe, MI 481624.1 mi70$18,990,230$232,400$271,289
48157Luna Pier, MI 481576.7 mi3$812,301$248,650$270,767
48177Samaria, MI 481779.1 mi1$209,900$209,900$209,900
48182Temperance, MI 481829.7 mi45$16,801,200$312,400$373,360
48166Newport, MI 4816610.7 mi37$16,804,697$507,400$454,181
49270Petersburg, MI 4927011.1 mi12$4,060,656$252,400$338,388
48179South Rockwood, MI 4817914.1 mi5$1,805,750$202,400$361,150
43612Toledo, OH 4361214.3 mi96$11,333,856$117,925$118,061
43613Toledo, OH 4361315.5 mi104$14,849,640$143,150$142,785
43608Toledo, OH 4360816.0 mi68$4,380,968$68,425$64,426
49238Deerfield, MI 4923816.2 mi1$252,400$252,400$252,400
48134Flat Rock, MI 4813416.5 mi28$9,876,188$324,675$352,721

Frequently Asked Questions

How many homes are for sale in MONROE, MI 48161?

As of June 2026, there are 88 active listings in MONROE, MI (zip code 48161), compared to 96 the prior year.

What is the median home price in MONROE, MI 48161?

The median listing price in MONROE, MI 48161 is $300,213 as of June 2026, a 13.3% increase from $265,000 the prior year.

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

Homes in MONROE, MI 48161 spend an average of 49 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in MONROE, MI 48161?

Based on current inventory and days-on-market data as of June 2026, MONROE, MI 48161 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 43 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MONROE, MI 48161 save an estimated $6,004 compared to a typical 5% commission on the median listing price of $300,213. 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.