Monroe, NC Housing Market & Real Estate

Leaning buyer's+0.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Monroe, NC is $388,250, up 0.1% year-over-year. Homes sell in an average of 72 days with 204 active listings. The market is currently a leaning buyer's.

$388,250median sale price

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

Leaning buyer's4.4 months of supply72 avg. days on market

Monroe, NC is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 72 days. How we determine this →

Homes sold

46

Last 12 weeks

Days on market

72

Average pace

Active listings

204

4.4 months supply

Sale-to-list

98.5%

Below asking

Monroe, NC market data

Current housing market statistics for Monroe, NC
MetricValue
Median sale price$388,250
Median list price$420,000
Year-over-year price change+0.1%
Average days on market72 days
Active inventory204 listings
Months of supply4.4 months
Sale-to-list price ratio98.5%
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 $388,250. Prices have risen 0.1% compared to last year, with homes spending an average of 72 days on market, indicating 4.4 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 204 homes listed for sale in Monroe, North Carolina. The median listing price is $420K.

Active listings

204

Homes on market

Median list price

$420K

Avg. days on market

72

Days until sale

New this week

67

Newly listed

Price drops:34.3%of listings
Sale-to-list:98.5%

Top public schools in 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

Charter

Sun Valley High

Grades 9-12 · 1,383 students

Public

Piedmont High

Grades 9-12 · 1,304 students

Public

Monroe High

Grades 9-12 · 1,099 students

Public

Parkwood High

Grades 9-12 · 1,055 students

Public

Piedmont Middle

Grades 6-8 · 991 students

Public

Monroe Middle

Grades 6-8 · 855 students

Public

Central Academy of Technology and Arts

Grades 9-12 · 846 students

Public

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 $388,250, up 0.1% from last year.

How long do homes stay on market in Monroe?

Homes typically spend 72 days on market before going under contract.

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

With 4.4 months of supply, Monroe is currently a leaning buyer's.

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