Monroe, LA Housing Market & Real Estate

Leaning buyer's-1.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Monroe, LA is $265,250, down 1.6% year-over-year. Homes sell in an average of 88 days with 82 active listings. The market is currently a leaning buyer's.

$265,250median sale price

Is Monroe a buyer's or seller's market?

Leaning buyer's4.6 months of supply88 avg. days on market

Monroe, LA is currently a leaning buyer's, based on 4.6 months of supply and homes selling in about 88 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

88

Average pace

Active listings

82

4.6 months supply

Sale-to-list

98.2%

Below asking

Monroe, LA market data

Current housing market statistics for Monroe, LA
MetricValue
Median sale price$265,250
Median list price$265,000
Year-over-year price change-1.6%
Average days on market88 days
Active inventory82 listings
Months of supply4.6 months
Sale-to-list price ratio98.2%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Monroe housing market is currently classified as a leaning buyer's with a median sale price of $265,250. Prices have fallen 1.6% compared to last year, with homes spending an average of 88 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Monroe

There are currently 82 homes listed for sale in Monroe, Louisiana. The median listing price is $265K.

Active listings

82

Homes on market

Median list price

$265K

Avg. days on market

88

Days until sale

New this week

15

Newly listed

Price drops:13.4%of listings
Sale-to-list:98.2%

Top public schools in Monroe

34 schools tracked · 15,226 students

The largest public schools serving Monroe, LA 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.

Ouachita Parish High School

Grades 8-12 · 1,190 students

Public

Neville High School

Grades 9-12 · 1,107 students

Public

Wossman High School

Grades 9-12 · 666 students

Public

Carroll High School

Grades 9-12 · 627 students

Public

Sallie Humble Elementary School

Grades 3-6 · 600 students

Public

Lexington Elementary School

Grades PK-2 · 575 students

Public

Jack Hayes Elementary School

Grades PK-5 · 565 students

Public

Lakeshore School

Grades PK-5 · 563 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in LA

Frequently asked questions

What is the average home price in Monroe?

The median home sale price in Monroe is $265,250, down 1.6% from last year.

How long do homes stay on market in Monroe?

Homes typically spend 88 days on market before going under contract.

Is Monroe a buyer's or seller's market?

With 4.6 months of supply, Monroe is currently a leaning buyer's.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Monroe, LA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Monroe market alerts

Weekly updates on prices, inventory, and trends. Free forever.