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Monroe, MI Real Estate & Property Data

Last Updated: September 20, 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 852 residential properties have sold over the past year. With a median home price of $230,000 in Monroe and a total of 14 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 19,940

Total Commercial Properties 1,718

Avg. Home Age (Single Family Home) 71 Years

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

Total 2025 Residential Sales (year-to-date) 447

% of Homes Seriously Underwater (Q3 2025) 0.89%

Total 2024 Residential Sales 780

% of Equity Rich Homes (Q3 2025) 32.42%

Effective 2024 Property Tax 1.08%

Total Foreclosure Filings (year-to-date) 59

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Monroe, MI Real Estate Overview

There were 852 residential properties sold in the past year in Monroe, MI. The median home value in Monroe, MI is $219,698. There are a total of 19,940 residential properties in the Monroe.

Median Sales Price i

$230,000

(Jul 2025)

+7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $230,000
June '25 Jun '25 $215,000
May '25 May '25 $233,000
April '25 Apr '25 $197,000
March '25 Mar '25 $201,750
February '25 Feb '25 $176,100
January '25 Jan '25 $200,950
December '24 Dec '24 $190,000
November '24 Nov '24 $206,250
October '24 Oct '24 $221,000
September '24 Sep '24 $198,500
August '24 Aug '24 $221,375

Median Down Payment i

$14,175

(Jul 2025)

-16.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $14,175
June '25 Jun '25 $25,112
May '25 May '25 $20,000
April '25 Apr '25 $10,950
March '25 Mar '25 $10,700
February '25 Feb '25 $10,000
January '25 Jan '25 $12,288
December '24 Dec '24 $15,575
November '24 Nov '24 $6,750
October '24 Oct '24 $12,250
September '24 Sep '24 $9,350
August '24 Aug '24 $18,000

Number of Homes Sold i

(Jul 2025)

-14.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 72
June '25 Jun '25 65
May '25 May '25 79
April '25 Apr '25 74
March '25 Mar '25 57
February '25 Feb '25 49
January '25 Jan '25 51
December '24 Dec '24 63
November '24 Nov '24 44
October '24 Oct '24 66
September '24 Sep '24 80
August '24 Aug '24 68

Number of Purchase Loans i

(Jul 2025)

-9.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 59
June '25 Jun '25 54
May '25 May '25 51
April '25 Apr '25 60
March '25 Mar '25 53
February '25 Feb '25 37
January '25 Jan '25 39
December '24 Dec '24 53
November '24 Nov '24 30
October '24 Oct '24 44
September '24 Sep '24 65
August '24 Aug '24 48

Number of REFI Loans i

(Jul 2025)

+109.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 67
June '25 Jun '25 48
May '25 May '25 49
April '25 Apr '25 50
March '25 Mar '25 36
February '25 Feb '25 31
January '25 Jan '25 76
December '24 Dec '24 56
November '24 Nov '24 48
October '24 Oct '24 62
September '24 Sep '24 55
August '24 Aug '24 50

Number of HELOC Loans i

(Jul 2025)

+3.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 30
June '25 Jun '25 25
May '25 May '25 14
April '25 Apr '25 28
March '25 Mar '25 17
February '25 Feb '25 20
January '25 Jan '25 14
December '24 Dec '24 26
November '24 Nov '24 12
October '24 Oct '24 18
September '24 Sep '24 27
August '24 Aug '24 20

Monroe, MI Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

48161

$202,357 $146.48/sqft
48162

$219,698 $152.49/sqft

Monroe, MI Foreclosure Activity

There were a total of 14 Monroe, MI properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 14 Monroe, MI properties and repossessed 2 Monroe, MI properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

(Jul 2025)

+75%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years