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Featured local agent — Monroe, WI
Sarah Mitchell
Compass Real Estate · Monroe, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$237,500median sale price
How is the Monroe, WI housing market right now?
The median home sale price in Monroe, WI is $237,500, up 4.9% year-over-year. Homes sell in an average of 47 days with 32 active listings. The market is currently a seller's 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, WI is currently a seller's market, based on 2.7 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
47
Average pace
Active listings
32
2.7 months supply
Sale-to-list
98.0%
Below asking
What does the Monroe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $237,500 |
| Median list price | $249,900 |
| Year-over-year price change | +4.9% |
| Average days on market | 47 days |
| Active inventory | 32 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $136/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 14 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe by property type?
How the Monroe, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $136/sq ft | 11 | 49 days |
| Condo / Co-op | $252,500 | $180/sq ft | 1 | 21 days |
Source: Redfin · Updated monthly
The Monroe housing market is currently classified as a seller's market with a median sale price of $237,500. Prices have risen 4.9% compared to last year, with homes spending an average of 47 days on market, indicating 2.7 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 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Monroe
There are currently 32 homes listed for sale in Monroe, Wisconsin. The median listing price is $250K.
Active listings
32
Homes on market
Median list price
$250K
Avg. days on market
47
Days until sale
New this week
14
Newly listed
Who lives in Monroe?
Population
10,568
Median income
$67,621/yr
Median age
41.3 years
Owner-occupied
63.1%
College grads
25.2%
Avg commute
18.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe?
Zillow home value
$286,576
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Monroe?
Monroe is a community of approximately 11K residents with a median age of 41.3 years.The median household income is $67,621, which represents a working-class community with solid middle-income opportunities. 25.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18.2 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?
5 schools tracked · 2,197 students
The largest public schools serving Monroe, WI 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.
Monroe High
Grades 9-12 · 710 students
Monroe Middle
Grades 6-8 · 476 students
Northside Elementary
Grades PK-5 · 378 students
Parkside Elementary
Grades PK-5 · 336 students
Abraham Lincoln Elementary
Grades PK-5 · 297 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, WI?
Want a head-to-head view? Compare Monroe side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monroe?
The median home sale price in Monroe is $237,500, up 4.9% from last year.
How long do homes stay on market in Monroe?
Homes typically spend 47 days on market before going under contract.
What is the median income in Monroe?
The median household income is $67,621 per year.
Is Monroe a buyer's or seller's market?
With 2.7 months of supply, Monroe is currently a seller's market.
What is the Zillow home value estimate for Monroe?
The Zillow Home Value Index (ZHVI) for Monroe is $286,576, 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, WI is $252,500, compared to $235,000 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, WI is $235,000 (about $136 per square foot).
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