Monroe County, MI Real Estate & Property Data

Monroe County Real Estate Market Trends
Last Updated: April 22, 2025

With up-to-date real estate data get detailed insight into Monroe County, MI sourced from the nation’s leading property data provider. The current median home price in Monroe County, MI is $223,500. Monroe County real estate data shows that there have been a total of 2,281 residential properties sold over the past 12 months. ATTOM’s Monroe County real estate data indicates that the county has 15 properties in foreclosure and 4 REOs (real estate bank owned) properties.

Monroe County Real Estate Market Trends
Total Residential Properties 59,803
Total Commercial Properties 4,370
Avg. Home Age (Single Family Home) 63 Years
Avg. Square Feet (Single Family Home) 1,563
Total 2025 Residential Sales (year-to-date) 309
% of Homes Seriously Underwater (Q2 2025) 0.75%
Total 2024 Residential Sales 2,099
% of Equity Rich Homes (Q2 2025) 35.7%
Effective 2024 Property Tax 0.93%
Total Foreclosure Filings (year-to-date) 33
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Monroe County, MI Real Estate Overview

There were 2,281 residential properties sold in the past year in Monroe County, MI. The median home value in Monroe County, MI is $248,854. There are a total of 59,803 residential properties in the Monroe.

Median Sales Price i
$223,500
(Feb 2025)
-7.8%
year-over-year
y-o-y
  • February '25 Feb '25 $223,500
  • January '25 Jan '25 $225,000
  • December '24 Dec '24 $240,000
  • November '24 Nov '24 $265,000
  • October '24 Oct '24 $245,100
  • September '24 Sep '24 $230,000
  • August '24 Aug '24 $240,000
  • July '24 Jul '24 $230,000
  • June '24 Jun '24 $220,000
  • May '24 May '24 $274,750
  • April '24 Apr '24 $244,000
  • March '24 Mar '24 $222,000
Median Down Payment i
$16,000
(Feb 2025)
+24.5%
year-over-year
y-o-y
  • February '25 Feb '25 $16,000
  • January '25 Jan '25 $18,250
  • December '24 Dec '24 $30,372
  • November '24 Nov '24 $34,500
  • October '24 Oct '24 $25,250
  • September '24 Sep '24 $25,500
  • August '24 Aug '24 $21,125
  • July '24 Jul '24 $27,600
  • June '24 Jun '24 $21,500
  • May '24 May '24 $25,330
  • April '24 Apr '24 $28,750
  • March '24 Mar '24 $16,850
Number of Homes Sold i
123
(Feb 2025)
-4.7%
year-over-year
y-o-y
  • February '25 Feb '25 123
  • January '25 Jan '25 186
  • December '24 Dec '24 232
  • November '24 Nov '24 162
  • October '24 Oct '24 212
  • September '24 Sep '24 187
  • August '24 Aug '24 223
  • July '24 Jul '24 192
  • June '24 Jun '24 151
  • May '24 May '24 179
  • April '24 Apr '24 173
  • March '24 Mar '24 132
Number of Purchase Loans i
95
(Feb 2025)
+4.4%
year-over-year
y-o-y
  • February '25 Feb '25 95
  • January '25 Jan '25 158
  • December '24 Dec '24 171
  • November '24 Nov '24 140
  • October '24 Oct '24 165
  • September '24 Sep '24 160
  • August '24 Aug '24 171
  • July '24 Jul '24 154
  • June '24 Jun '24 135
  • May '24 May '24 163
  • April '24 Apr '24 111
  • March '24 Mar '24 101
Number of REFI Loans i
94
(Feb 2025)
+44.6%
year-over-year
y-o-y
  • February '25 Feb '25 94
  • January '25 Jan '25 195
  • December '24 Dec '24 157
  • November '24 Nov '24 140
  • October '24 Oct '24 152
  • September '24 Sep '24 127
  • August '24 Aug '24 119
  • July '24 Jul '24 108
  • June '24 Jun '24 98
  • May '24 May '24 101
  • April '24 Apr '24 108
  • March '24 Mar '24 79
Number of HELOC Loans i
64
(Feb 2025)
+60%
year-over-year
y-o-y
  • February '25 Feb '25 64
  • January '25 Jan '25 86
  • December '24 Dec '24 83
  • November '24 Nov '24 70
  • October '24 Oct '24 77
  • September '24 Sep '24 82
  • August '24 Aug '24 85
  • July '24 Jul '24 83
  • June '24 Jun '24 85
  • May '24 May '24 75
  • April '24 Apr '24 44
  • March '24 Mar '24 46

Monroe County, MI Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Monroe County, MI Foreclosure Activity

There were a total of 15 Monroe County, MI properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 15 Monroe County, MI properties and repossessed 4 Monroe County, MI properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
15
(Feb 2025)
+7.1%
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 18
  • December '24 Dec '24 15
  • November '24 Nov '24 15
  • October '24 Oct '24 13
  • September '24 Sep '24 14
  • August '24 Aug '24 11
  • July '24 Jul '24 18
  • June '24 Jun '24 14
  • May '24 May '24 8
  • April '24 Apr '24 7
  • March '24 Mar '24 7
Foreclosure Starts i
15
(Feb 2025)
+7.1%
year-over-year
y-o-y
  • February '25 Feb '25 15
  • January '25 Jan '25 18
  • December '24 Dec '24 15
  • November '24 Nov '24 15
  • October '24 Oct '24 13
  • September '24 Sep '24 14
  • August '24 Aug '24 11
  • July '24 Jul '24 18
  • June '24 Jun '24 14
  • May '24 May '24 8
  • April '24 Apr '24 7
  • March '24 Mar '24 7
Completed Foreclosures (REOs) i
4
(Feb 2025)
+300%
year-over-year
y-o-y
  • February '25 Feb '25 4
  • January '25 Jan '25 3
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 2
  • September '24 Sep '24 3
  • August '24 Aug '24 6
  • July '24 Jul '24 7
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 2
  • March '24 Mar '24 N/A
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