Monroe, LA
Housing market overview · Updated weekly
$265,250median sale price
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
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
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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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