Brokers — List your Company Here
Featured local agent — Monroe, NC
Sarah Mitchell
Compass Real Estate · Monroe, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Monroe, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$424,846median sale price
How is the Monroe, NC housing market right now?
The median home sale price in Monroe, NC is $424,846, up 11.1% year-over-year. Homes sell in an average of 80 days with 252 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, NC is currently a balanced market, based on 3.8 months of supply and homes selling in about 80 days. How we determine this →
Homes sold
66
Last 12 weeks
Days on market
80
Average pace
Active listings
252
3.8 months supply
Sale-to-list
99.0%
Below asking
What does the Monroe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $424,846 |
| Median list price | $425,000 |
| Year-over-year price change | +11.1% |
| Average days on market | 80 days |
| Active inventory | 252 listings |
| Months of supply | 3.8 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 66 |
| New listings (latest month) | 97 |
| Listings with a price cut | 36.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe by property type?
How the Monroe, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $186/sq ft | 63 | 60 days |
| Condo / Co-op | $240,000 | $225/sq ft | 1 | 85 days |
| Townhouse | $308,995 | $210/sq ft | 2 | 127 days |
Source: Redfin · Updated monthly
The Monroe housing market is currently classified as a balanced market with a median sale price of $424,846. Prices have risen 11.1% compared to last year, with homes spending an average of 80 days on market, indicating 3.8 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 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Monroe
There are currently 252 homes listed for sale in Monroe, North Carolina. The median listing price is $425K.
Active listings
252
Homes on market
Median list price
$425K
Avg. days on market
80
Days until sale
New this week
97
Newly listed
Who lives in Monroe?
Population
35,596
Median income
$67,265/yr
Median age
36.5 years
Owner-occupied
58.4%
College grads
21.6%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe?
Zillow home value
$361,535
Zillow rent index
$1,934/mo
Price-to-rent ratio
15.6x
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Monroe?
Monroe is a community of approximately 36K residents with a median age of 36.5 years.The median household income is $67,265, which represents a working-class community with solid middle-income opportunities. 21.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.4%, showing a blend of owner and renter-occupied properties. The average commute time is 29.9 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?
25 schools tracked · 17,554 students
The largest public schools serving Monroe, NC 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.
Union Academy
Grades K-12 · 2,193 students
Sun Valley High
Grades 9-12 · 1,383 students
Piedmont High
Grades 9-12 · 1,304 students
Monroe High
Grades 9-12 · 1,099 students
Parkwood High
Grades 9-12 · 1,055 students
Piedmont Middle
Grades 6-8 · 991 students
Monroe Middle
Grades 6-8 · 855 students
Central Academy of Technology and Arts
Grades 9-12 · 846 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, NC?
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 15.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 11.1% 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 $424,846, up 11.1% from last year.
How long do homes stay on market in Monroe?
Homes typically spend 80 days on market before going under contract.
What is the median income in Monroe?
The median household income is $67,265 per year.
Is Monroe a buyer's or seller's market?
With 3.8 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 $361,535, representing the typical home value in the area.
What is the median condo price in Monroe?
The median condo/co-op sale price in Monroe, NC is $240,000, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monroe?
The median single-family home price in Monroe, NC is $425,000 (about $186 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Monroe, NC
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Monroe market alerts
Weekly updates on prices, inventory, and trends. Free forever.