West Monroe, LA Home Values & Market Trends
Real estate market trends reflect that there have been 507 transactions over the past year in West Monroe. The median value for residential home transactions that occurred over the previous year is $159,211.67. The number of current listings in West Monroe is 31, and the percentage of properties for sale in the city is 31.00%. West Monroe, LA currently has 63 properties in foreclosure, 1 bank owned properties, 16 properties headed for auction, and 31 properties for sale.
West Monroe, LA Real Estate Market Overview
Housing Market Summary for West Monroe, LA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $189.4K | $160K | -15.55% |
| Median Sold Price | $167.5K | $160K | -4.47% |
| Homes For Sale | 32 | 31 | -3.13% |
| Homes Sold | 220 | 161 | -26.82% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in West Monroe, LA
Browse Homes in West Monroe, LA
West Monroe home values range from $9,617 to $3,514,074. The median estimated value of a home in West Monroe is $159,211.67. The median list price of a home is 179,000, and the total count of properties in the city is 21,761.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in West Monroe, LA with 71291 containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within West Monroe, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $521,713 in 71292 to the lowest home value of $25,767 in 71291.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in West Monroe, LA ranges from the highest value of $0 in 71292 to the lowest value of $0 in 71291. Bank owned homes and properties account for 0.00% of properties in West Monroe, LA. There are 2 zips within West Monroe, LA; 71292 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions71291 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of West Monroe, LA. Auction homes and other auction properties account for 0.07% of all properties in West Monroe, LA. There are 2 zips within West Monroe, LA; of those zips, the median estimated home value for homes going to auction ranges from $290,793 in 71292 to the lowest value of $29,588 in 71292.
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More Real Estate Resources for West Monroe, LA
Guide for West Monroe, LA
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