Monroe, MI 48162 Real Estate & Property Data

Monroe, MI 48162 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 478 residential properties have been sold over the past 12 months in 48162. With a median sales price of $252,500 in 48162 and a total of 2 foreclosures in Monroe, MI 48162. Discover market trends and get the granular level real estate data for Monroe, MI 48162 to keep your pulse on the housing market. Curate compelling home reports for Monroe, MI 48162 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Monroe, MI 48162 Real Estate Market Trends
Total Residential Properties 9,939
Total Commercial Properties 717
Avg. Home Age (Single Family Home) 68 Years
Avg. Square Feet (Single Family Home) 1,482
Total 2025 Residential Sales (year-to-date) 210
% of Homes Seriously Underwater (Q3 2025) 0.89%
Total 2024 Residential Sales 428
% of Equity Rich Homes (Q3 2025) 35.86%
Effective 2024 Property Tax 1.14%
Total Foreclosure Filings (year-to-date) 25
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Monroe, MI 48162 Real Estate Overview

There were 478 residential properties sold in the past year in Monroe, MI 48162. The median home value in Monroe, MI 48162 is $231,250. There are a total of 9,939 residential properties in the 48162.

Median Sales Price i
$252,500
(Jun 2025)
+27.2%
year-over-year
y-o-y
  • June '25 Jun '25 $252,500
  • May '25 May '25 $223,500
  • April '25 Apr '25 $209,500
  • March '25 Mar '25 $210,000
  • February '25 Feb '25 $195,000
  • January '25 Jan '25 $220,000
  • December '24 Dec '24 $219,000
  • November '24 Nov '24 $206,250
  • October '24 Oct '24 $228,500
  • September '24 Sep '24 $209,000
  • August '24 Aug '24 $220,000
  • July '24 Jul '24 $213,500
Median Down Payment i
$45,000
(Jun 2025)
+221.4%
year-over-year
y-o-y
  • June '25 Jun '25 $45,000
  • May '25 May '25 $20,000
  • April '25 Apr '25 $12,862
  • March '25 Mar '25 $14,890
  • February '25 Feb '25 $6,342
  • January '25 Jan '25 $17,093
  • December '24 Dec '24 $6,900
  • November '24 Nov '24 $6,750
  • October '24 Oct '24 $10,615
  • September '24 Sep '24 $10,000
  • August '24 Aug '24 $21,000
  • July '24 Jul '24 $15,247
Number of Homes Sold i
26
(Jun 2025)
-18.8%
year-over-year
y-o-y
  • June '25 Jun '25 26
  • May '25 May '25 53
  • April '25 Apr '25 43
  • March '25 Mar '25 35
  • February '25 Feb '25 25
  • January '25 Jan '25 28
  • December '24 Dec '24 37
  • November '24 Nov '24 27
  • October '24 Oct '24 34
  • September '24 Sep '24 50
  • August '24 Aug '24 41
  • July '24 Jul '24 47
Number of Purchase Loans i
25
(Jun 2025)
+13.6%
year-over-year
y-o-y
  • June '25 Jun '25 25
  • May '25 May '25 34
  • April '25 Apr '25 33
  • March '25 Mar '25 34
  • February '25 Feb '25 16
  • January '25 Jan '25 20
  • December '24 Dec '24 33
  • November '24 Nov '24 21
  • October '24 Oct '24 21
  • September '24 Sep '24 41
  • August '24 Aug '24 32
  • July '24 Jul '24 40
Number of REFI Loans i
24
(Jun 2025)
+4.3%
year-over-year
y-o-y
  • June '25 Jun '25 24
  • May '25 May '25 28
  • April '25 Apr '25 28
  • March '25 Mar '25 20
  • February '25 Feb '25 17
  • January '25 Jan '25 41
  • December '24 Dec '24 36
  • November '24 Nov '24 31
  • October '24 Oct '24 35
  • September '24 Sep '24 31
  • August '24 Aug '24 22
  • July '24 Jul '24 20
Number of HELOC Loans i
15
(Jun 2025)
+15.4%
year-over-year
y-o-y
  • June '25 Jun '25 15
  • May '25 May '25 6
  • April '25 Apr '25 13
  • March '25 Mar '25 11
  • February '25 Feb '25 14
  • January '25 Jan '25 5
  • December '24 Dec '24 15
  • November '24 Nov '24 6
  • October '24 Oct '24 10
  • September '24 Sep '24 15
  • August '24 Aug '24 11
  • July '24 Jul '24 16

Monroe, MI 48162 Foreclosure Activity

There were a total of 2 Monroe, MI 48162 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 4
  • March '25 Mar '25 4
  • February '25 Feb '25 5
  • January '25 Jan '25 7
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 5
  • August '24 Aug '24 5
  • July '24 Jul '24 1
Foreclosure Starts i
2
(Jun 2025)
year-over-year
y-o-y
  • June '25 Jun '25 2
  • May '25 May '25 3
  • April '25 Apr '25 4
  • March '25 Mar '25 4
  • February '25 Feb '25 5
  • January '25 Jan '25 7
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 5
  • August '24 Aug '24 5
  • July '24 Jul '24 1
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 2
  • April '25 Apr '25 2
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 2
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 4
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