Monroe, LA Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $265,250 |
| Median list price | $265,000 |
| Year-over-year price change | -1.6% |
| Average days on market | 88 days |
| Active inventory | 82 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 98.2% |
| Market condition | Leaning 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
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
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.
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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.
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