West Monroe, NY—13167
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Monroe, NY
As of Oct '25, the median home price in West Monroe, NY is $249,000, with a year-over-year change of 0.5%. This indicates that home prices in West Monroe, NY are flat. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | 0.5% |
| Single Family | $249,000 | 0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $209,000 | -1.4% |
3 Bed | $251,000 | 0.4% |
4 Bed | $287,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Monroe, NY
West Monroe, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $1,940 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,480 | $1,480 |
| 3 Bed Rent | $1,750 | $2,180 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Monroe, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in West Monroe, NY is 48. This is a increase of 101.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $337,000 | -26.0% |
Listing Count | 17 | 57.0% |
| Listings as % of Homes | 0.6% | 57.0% |
Days on Market | 48 | 101.0% |
Demographics — West Monroe, NY
As of the latest ACS Survey released in 2023, West Monroe, NY has a population of 2,980, which has decreased by -7.2% over the past 5 years. West Monroe, NY is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,980 | -7.2% |
% Under 18 | 18.3% | -32.7% |
% Seniors | 18.7% | 24.7% |
% WFH | 6.6% | 120.0% |
% w/ College Degree | 18.3% | 63.4% |
As of the latest ACS Survey released in 2023, West Monroe, NY is a predominantly white area, with 96.3% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in West Monroe, NY is hispanic, making up 0.1% of the population. Foreign-born residents account for 0.2% of the population in West Monroe, NY, and this percentage has decreased by 60.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.3% | -0.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.1% | -66.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -60.0% |
Mortgage and Risk — West Monroe, NY
According to HUD data as of 2023, there were 63 mortgage originations in West Monroe, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in West Monroe, NY. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — West Monroe, NY
West Monroe, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,320 |
| 2 Bedroom | $140 | $1,480 | $1,620 |
| 3 Bedroom | $230 | $1,750 | $1,980 |
| 4 Bedroom | N/A | N/A | $2,230 |
Affordability — West Monroe, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $249,000 |
| Median Household Income | $74,700 |