Data as of April 2026. Source: Realtor.com.
The MONROE, MI real estate market (48162) currently shows 56 active listings, with 32 pending sales. Homes are averaging 50 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 50 days on market compared to 44 days last year.
The median listing price has fallen 10.2% year-over-year, from $247,675 to $222,400.
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.
Population: 28,740 · Density: 193.1/mi² · Median household income: $67,774
Typical home value: $174,203 · Homeownership: 75.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48162 | Monroe, MI 48162 | 0.0 mi | 70 | $18,990,230 | $232,400 | $271,289 |
| 48117 | Carleton, MI 48117 | 6.3 mi | 13 | $4,538,053 | $284,900 | $349,081 |
| 48159 | Maybee, MI 48159 | 7.7 mi | 3 | $1,836,750 | $612,250 | $612,250 |
| 48140 | Ida, MI 48140 | 9.4 mi | 4 | $1,126,100 | $281,175 | $281,525 |
| 48179 | South Rockwood, MI 48179 | 10.5 mi | 5 | $1,805,750 | $202,400 | $361,150 |
| 48131 | Dundee, MI 48131 | 12.2 mi | 19 | $6,189,345 | $334,000 | $325,755 |
| 48133 | Erie, MI 48133 | 12.5 mi | 7 | $2,278,276 | $309,750 | $325,468 |
| 48177 | Samaria, MI 48177 | 13.1 mi | 1 | $209,900 | $209,900 | $209,900 |
| 48173 | Rockwood, MI 48173 | 13.8 mi | 27 | $7,365,519 | $223,725 | $272,797 |
| 48160 | Milan, MI 48160 | 15.1 mi | 36 | $13,040,280 | $350,000 | $362,230 |
| 48183 | Trenton, MI 48183 | 16.4 mi | 77 | $18,968,796 | $229,950 | $246,348 |
| 48174 | Romulus, MI 48174 | 17.6 mi | 80 | $19,563,360 | $217,425 | $244,542 |
| 43612 | Toledo, OH 43612 | 18.3 mi | 96 | $11,333,856 | $117,925 | $118,061 |
As of April 2026, there are 56 active listings in MONROE, MI (zip code 48162), compared to 74 the prior year.
The median listing price in MONROE, MI 48162 is $222,400 as of April 2026, a 10.2% decrease from $247,675 the prior year.
Homes in MONROE, MI 48162 spend an average of 50 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of April 2026, MONROE, MI 48162 is currently a Balanced Market. Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 50 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in MONROE, MI 48162 save an estimated $4,448 compared to a typical 5% commission on the median listing price of $222,400. 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.