Monroe, LA Home Values & Market Trends
Real estate market trends reflect that there have been 626 transactions over the past year in Monroe. The median value for residential home transactions that occurred over the previous year is $135,389.55. The number of current listings in Monroe is 33, and the percentage of properties for sale in the city is 33.00%. Monroe, LA currently has 98 properties in foreclosure, 0 bank owned properties, 18 properties headed for auction, and 33 properties for sale.
Monroe, LA Real Estate Market Overview
Housing Market Summary for Monroe, LA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $235K | $155K | -34.04% |
Median Sold Price | $174.1K | $155K | -10.96% |
Homes For Sale | 27 | 41 | 51.85% |
Homes Sold | 263 | 202 | -23.19% |
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 Monroe, LA
Browse Homes in Monroe, LA
Monroe home values range from $9,720 to $5,711,523. The median estimated value of a home in Monroe is $135,389.55. The median list price of a home is 228,900, and the total count of properties in the city is 28,008.
- Pre-ForeclosurePre-foreclosure homes account for 0.29% of all residential properties in Monroe, LA with 71203 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Monroe, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $324,817 in 71203 to the lowest home value of $12,310 in 71201.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe, LA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Monroe, LA. There are 4 zips within Monroe, LA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions71203 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Monroe, LA. Auction homes and other auction properties account for 0.06% of all properties in Monroe, LA. There are 4 zips within Monroe, LA; of those zips, the median estimated home value for homes going to auction ranges from $277,972 in 71203 to the lowest value of $38,770 in 71203.
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Guide for Monroe, LA
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