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Monroe, MI 48161 Real Estate & Property Data

Monroe, MI 48161 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 409 residential properties have been sold over the past 12 months in 48161. With a median sales price of $172,000 in 48161 and a total of 2 foreclosures in Monroe, MI 48161. Discover market trends and get the granular level real estate data for Monroe, MI 48161 to keep your pulse on the housing market. Curate compelling home reports for Monroe, MI 48161 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Monroe, MI 48161 Real Estate Market Trends

Get property data for any address in Monroe, MI 48161 or the country:

Total Residential Properties 10,001

Total Commercial Properties 998

Avg. Home Age (Single Family Home) 77 Years

Avg. Square Feet (Single Family Home) 1,382

Total 2025 Residential Sales (year-to-date) 53

% of Homes Seriously Underwater (Q2 2025) 0.92%

Total 2024 Residential Sales 380

% of Equity Rich Homes (Q2 2025) 28.4%

Effective 2024 Property Tax 0.97%

Total Foreclosure Filings (year-to-date) 6

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Monroe, MI 48161 Real Estate Overview

There were 409 residential properties sold in the past year in Monroe, MI 48161. The median home value in Monroe, MI 48161 is $193,070. There are a total of 10,001 residential properties in the 48161.

Median Sales Price i

$172,000

(Feb 2025)

-13.5%

year-over-year

y-o-y

February '25 Feb '25 $172,000
January '25 Jan '25 $195,000
December '24 Dec '24 $160,000
November '24 Nov '24 $192,000
October '24 Oct '24 $199,000
September '24 Sep '24 $165,000
August '24 Aug '24 $235,000
July '24 Jul '24 $225,000
June '24 Jun '24 $175,000
May '24 May '24 $194,700
April '24 Apr '24 $173,750
March '24 Mar '24 $173,000

Median Down Payment i

$15,250

(Feb 2025)

+97.9%

year-over-year

y-o-y

February '25 Feb '25 $15,250
January '25 Jan '25 $12,569
December '24 Dec '24 $37,481
November '24 Nov '24 $30,600
October '24 Oct '24 $15,050
September '24 Sep '24 $10,800
August '24 Aug '24 $10,730
July '24 Jul '24 $20,700
June '24 Jun '24 $5,839
May '24 May '24 $22,695
April '24 Apr '24 $21,500
March '24 Mar '24 $4,887

Number of Homes Sold i

24

(Feb 2025)

-22.6%

year-over-year

y-o-y

February '25 Feb '25 24
January '25 Jan '25 29
December '24 Dec '24 34
November '24 Nov '24 20
October '24 Oct '24 36
September '24 Sep '24 32
August '24 Aug '24 33
July '24 Jul '24 38
June '24 Jun '24 23
May '24 May '24 38
April '24 Apr '24 41
March '24 Mar '24 30

Number of Purchase Loans i

21

(Feb 2025)

-12.5%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 25
December '24 Dec '24 23
November '24 Nov '24 10
October '24 Oct '24 25
September '24 Sep '24 25
August '24 Aug '24 19
July '24 Jul '24 26
June '24 Jun '24 23
May '24 May '24 39
April '24 Apr '24 23
March '24 Mar '24 26

Number of REFI Loans i

14

(Feb 2025)

+55.6%

year-over-year

y-o-y

February '25 Feb '25 14
January '25 Jan '25 44
December '24 Dec '24 23
November '24 Nov '24 24
October '24 Oct '24 29
September '24 Sep '24 26
August '24 Aug '24 28
July '24 Jul '24 14
June '24 Jun '24 19
May '24 May '24 23
April '24 Apr '24 19
March '24 Mar '24 8

Number of HELOC Loans i

6

(Feb 2025)

February '25 Feb '25 6
January '25 Jan '25 13
December '24 Dec '24 12
November '24 Nov '24 7
October '24 Oct '24 8
September '24 Sep '24 12
August '24 Aug '24 9
July '24 Jul '24 13
June '24 Jun '24 9
May '24 May '24 6
April '24 Apr '24 3
March '24 Mar '24 7

Monroe, MI 48161 Real Estate Market Overview

Last 30 days

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Monroe, MI 48161 Foreclosure Activity

There were a total of 2 Monroe, MI 48161 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 6
October '24 Oct '24 3
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 7
June '24 Jun '24 2
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 2

Foreclosure Starts i

2

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 4
December '24 Dec '24 4
November '24 Nov '24 6
October '24 Oct '24 3
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 7
June '24 Jun '24 2
May '24 May '24 2
April '24 Apr '24 N/A
March '24 Mar '24 2

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 4
July '24 Jul '24 3
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 1
March '24 Mar '24 N/A

Nearby Zip Codes

1. 48162

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