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MONROE, MI 48162

Real Estate Market Report  ·  Monroe County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
68
⇩ 1.4% vs 69 last year
Pending
24
35% pending ratio
Median Price
$236,450
⇧ 3.1% vs $229,450 last year
Average Price
$267,618
⇧ 9% vs $245,522 last year
Days on Market
64
⇧ 10.3% vs 58 days last year

Market Context

Population: 28,740  ·  Density: 193.1/mi²  ·  Median household income: $67,774

Typical home value: $174,203  ·  Homeownership: 75.2%

Market Analysis

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

The MONROE, MI real estate market (48162) currently shows 68 active listings, with 24 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 58 days last year.

The median listing price has risen 3.1% year-over-year, from $229,450 to $236,450.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 69 last year
  • Days on market: 64 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $236,450 (+3.1% YoY)
  • Average: $267,618 (+9% 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 18.3 miles — 441 listings ($108,021,189 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48162Monroe, MI 481620.0 mi68$18,198,024$236,450$267,618
48117Carleton, MI 481176.3 mi14$4,211,760$304,900$300,840
48159Maybee, MI 481597.7 mi5$2,457,335$342,450$491,467
48140Ida, MI 481409.4 mi3$1,361,175$322,450$453,725
48179South Rockwood, MI 4817910.5 mi4$1,444,600$202,400$361,150
48131Dundee, MI 4813112.2 mi20$6,667,280$339,500$333,364
48133Erie, MI 4813312.5 mi7$2,257,374$279,995$322,482
48177Samaria, MI 4817713.1 mi1$209,900$209,900$209,900
48173Rockwood, MI 4817313.8 mi28$7,986,720$224,999$285,240
48160Milan, MI 4816015.1 mi37$13,634,278$349,900$368,494
48183Trenton, MI 4818316.4 mi83$20,102,185$230,000$242,195
48174Romulus, MI 4817417.6 mi80$18,623,520$197,400$232,794
43612Toledo, OH 4361218.3 mi91$10,867,038$115,900$119,418

Frequently Asked Questions

How many homes are for sale in MONROE, MI 48162?

As of January 2026, there are 68 active listings in MONROE, MI (zip code 48162), compared to 69 the prior year.

What is the median home price in MONROE, MI 48162?

The median listing price in MONROE, MI 48162 is $236,450 as of January 2026, a 3.1% increase from $229,450 the prior year.

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

Homes in MONROE, MI 48162 spend an average of 64 days on the market before going under contract, compared to 58 days the prior year.

Is it a seller's or buyer's market in MONROE, MI 48162?

Based on current inventory and days-on-market data as of January 2026, MONROE, MI 48162 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 58 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 48162 save an estimated $4,729 compared to a typical 5% commission on the median listing price of $236,450. 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.