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Featured local agent — Monroe Center, IL
Sarah Mitchell
Compass Real Estate · Monroe Center, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe Center, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$215,000median sale price
How is the Monroe Center, IL housing market right now?
The median home sale price in Monroe Center, IL is $215,000. Homes sell in an average of 7 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Monroe Center a buyer's or seller's market?
Monroe Center, IL is currently a seller's market and homes selling in about 7 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
7
Fast-moving
Active listings
—
Sale-to-list
102.4%
Above asking
What does the Monroe Center housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $215,000 |
| Average days on market | 7 days |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe Center by property type?
How the Monroe Center, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $215,000 | $176/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Monroe Center housing market is currently classified as a seller's market with a median sale price of $215,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 7 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Monroe Center
Explore homes currently listed for sale in Monroe Center, Illinois across major real estate platforms.
Who lives in Monroe Center?
Population
415
Median income
$91,563/yr
Median age
40.9 years
Owner-occupied
82.8%
College grads
25.3%
Avg commute
30.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe Center?
Zillow home value
$256,497
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Monroe Center?
Monroe Center is a community of approximately 0K residents with a median age of 40.9 years.The median household income is $91,563, which reflects a relatively affluent area with strong earning potential. 25.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monroe Center offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monroe Center?
1 schools tracked · 309 students
The largest public schools serving Monroe Center, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Monroe Center Grade School
Grades 3-5 · 309 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Monroe Center, IL?
Want a head-to-head view? Compare Monroe Center side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monroe Center?
The median home sale price in Monroe Center is $215,000, down 0.0% from last year.
How long do homes stay on market in Monroe Center?
Homes typically spend 7 days on market before going under contract.
What is the median income in Monroe Center?
The median household income is $91,563 per year.
What is the Zillow home value estimate for Monroe Center?
The Zillow Home Value Index (ZHVI) for Monroe Center is $256,497, representing the typical home value in the area.
How much does a single-family home cost in Monroe Center?
The median single-family home price in Monroe Center, IL is $215,000 (about $176 per square foot).
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