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Monroe, MI Real Estate & Property Data

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Monroe, MI. ATTOM’s Monroe real estate data is updated daily, and current market trends show that in Monroe, MI a total of 882 residential properties have sold over the past year. With a median home price of $175,050 in Monroe and a total of 7 foreclosures. Get detailed property data for Monroe, MI instantly. ATTOM is your one-stop-shop for the Monroe property reports and real estate data you need in Monroe, MI.

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Total Residential Properties 19,944

Total Commercial Properties 1,753

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 1,441

Total 2025 Residential Sales (year-to-date) 119

% of Homes Seriously Underwater (Q2 2025) 0.82%

Total 2024 Residential Sales 817

% of Equity Rich Homes (Q2 2025) 31.89%

Effective 2024 Property Tax 1.06%

Total Foreclosure Filings (year-to-date) 18

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Monroe, MI Real Estate Overview

There were 882 residential properties sold in the past year in Monroe, MI. The median home value in Monroe, MI is $211,500. There are a total of 19,944 residential properties in the Monroe.

Median Sales Price i

$175,050

(Feb 2025)

-23.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $175,050
January '25 Jan '25 $195,000
December '24 Dec '24 $218,000
November '24 Nov '24 $208,750
October '24 Oct '24 $211,000
September '24 Sep '24 $199,950
August '24 Aug '24 $220,000
July '24 Jul '24 $215,000
June '24 Jun '24 $192,798
May '24 May '24 $205,000
April '24 Apr '24 $212,000
March '24 Mar '24 $183,500

Median Down Payment i

$12,125

(Feb 2025)

+1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $12,125
January '25 Jan '25 $10,625
December '24 Dec '24 $26,322
November '24 Nov '24 $30,500
October '24 Oct '24 $12,750
September '24 Sep '24 $10,000
August '24 Aug '24 $15,000
July '24 Jul '24 $17,950
June '24 Jun '24 $9,089
May '24 May '24 $26,375
April '24 Apr '24 $24,000
March '24 Mar '24 $8,000

Number of Homes Sold i

(Feb 2025)

-18%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 50
January '25 Jan '25 69
December '24 Dec '24 77
November '24 Nov '24 53
October '24 Oct '24 72
September '24 Sep '24 81
August '24 Aug '24 79
July '24 Jul '24 84
June '24 Jun '24 55
May '24 May '24 67
April '24 Apr '24 82
March '24 Mar '24 52

Number of Purchase Loans i

(Feb 2025)

-32.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 36
January '25 Jan '25 57
December '24 Dec '24 60
November '24 Nov '24 36
October '24 Oct '24 50
September '24 Sep '24 67
August '24 Aug '24 58
July '24 Jul '24 66
June '24 Jun '24 48
May '24 May '24 68
April '24 Apr '24 54
March '24 Mar '24 45

Number of REFI Loans i

(Feb 2025)

+19.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 31
January '25 Jan '25 97
December '24 Dec '24 69
November '24 Nov '24 60
October '24 Oct '24 65
September '24 Sep '24 57
August '24 Aug '24 53
July '24 Jul '24 34
June '24 Jun '24 41
May '24 May '24 43
April '24 Apr '24 40
March '24 Mar '24 30

Number of HELOC Loans i

(Feb 2025)

+300%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 20
January '25 Jan '25 22
December '24 Dec '24 26
November '24 Nov '24 13
October '24 Oct '24 19
September '24 Sep '24 27
August '24 Aug '24 20
July '24 Jul '24 29
June '24 Jun '24 22
May '24 May '24 16
April '24 Apr '24 12
March '24 Mar '24 12

Monroe, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

48161

$211,500 $146.79/sqft
48162

$224,173 $151.28/sqft

Monroe, MI Foreclosure Activity

There were a total of 7 Monroe, MI properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 7 Monroe, MI properties and repossessed 1 Monroe, MI properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+40%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years