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Featured local agent — Monroe, LA
Sarah Mitchell
Compass Real Estate · Monroe, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$265,000median sale price
How is the Monroe, LA housing market right now?
The median home sale price in Monroe, LA is $265,000, up 1.0% year-over-year. Homes sell in an average of 26 days with 77 active listings. The market is currently a balanced 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 a buyer's or seller's market?
Monroe, LA is currently a balanced market, based on 3.1 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
26
Average pace
Active listings
77
3.1 months supply
Sale-to-list
96.2%
Below asking
What does the Monroe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $265,000 |
| Median list price | $229,000 |
| Year-over-year price change | +1.0% |
| Average days on market | 26 days |
| Active inventory | 77 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 96.2% |
| Median price per sq ft | $113/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 31 |
| Listings with a price cut | 29.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe by property type?
How the Monroe, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $265,000 | $113/sq ft | 25 | 26 days |
Source: Redfin · Updated monthly
The Monroe housing market is currently classified as a balanced market with a median sale price of $265,000. Prices have risen 1.0% compared to last year, with homes spending an average of 26 days on market, indicating 3.1 months of inventory.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 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Monroe
There are currently 77 homes listed for sale in Monroe, Louisiana. The median listing price is $229K.
Active listings
77
Homes on market
Median list price
$229K
Avg. days on market
26
Days until sale
New this week
31
Newly listed
Who lives in Monroe?
Population
47,241
Median income
$36,521/yr
Median age
34.7 years
Owner-occupied
45.1%
College grads
28.8%
Avg commute
18 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe?
Zillow home value
$155,595
Zillow rent index
$1,622/mo
Price-to-rent ratio
8.0x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Monroe?
Monroe is a community of approximately 47K residents with a median age of 34.7 years.The median household income is $36,521, which represents a working-class community with solid middle-income opportunities. 28.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 45.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Monroe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
Neville High School
Grades 9-12 · 1,107 students
Wossman High School
Grades 9-12 · 666 students
Carroll High School
Grades 9-12 · 627 students
Sallie Humble Elementary School
Grades 3-6 · 600 students
Lexington Elementary School
Grades PK-2 · 575 students
Jack Hayes Elementary School
Grades PK-5 · 565 students
Lakeshore School
Grades PK-5 · 563 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, LA?
Want a head-to-head view? Compare Monroe side-by-side with any other U.S. city using our market-comparison tool.
Is Monroe a good real estate investment market?
For investors evaluating Monroe, the price-to-rent ratio of 8.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 1.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Monroe's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Monroe's median home price.
Frequently asked questions
What is the average home price in Monroe?
The median home sale price in Monroe is $265,000, up 1.0% from last year.
How long do homes stay on market in Monroe?
Homes typically spend 26 days on market before going under contract.
What is the median income in Monroe?
The median household income is $36,521 per year.
Is Monroe a buyer's or seller's market?
With 3.1 months of supply, Monroe is currently a balanced market.
What is the Zillow home value estimate for Monroe?
The Zillow Home Value Index (ZHVI) for Monroe is $155,595, representing the typical home value in the area.
How much does a single-family home cost in Monroe?
The median single-family home price in Monroe, LA is $265,000 (about $113 per square foot).
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