Monroe, GA—30655
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Monroe, GA
Home Price Trends — Monroe, GA
As of Oct '25, the median home price in Monroe, GA is $354,000, with a year-over-year change of 0.1%. This indicates that home prices in Monroe, GA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $354,000 | 0.1% |
| Single Family | $355,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $233,000 | 1.3% |
3 Bed | $321,000 | 0.3% |
4 Bed | $419,000 | 0.7% |
| 5 Bed | $560,000 | 0.7% |
% of Housing Stock
Rental Trends — Monroe, GA
As of July '25, Rentcast reports the average rent in Monroe, GA is $1,800, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in Monroe, GA is 1-bedrooms: $1,100, 2-bedrooms: $1,490, 3-bedrooms: $1,840, 4-bedrooms: $1,940. The most common rental property sizes in Monroe, GA are 3-bedroom and 2-bedroom, accounting for 46.0% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,770 | $1,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,100 |
| 2 Bed Rent | $1,500 | $1,490 |
| 3 Bed Rent | $1,820 | $1,840 |
| 4 Bed Rent | $1,750 | $1,940 |
% of Rental Stock
Property Listings — Monroe, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroe, GA is 61. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $409,000 | -5.0% |
Listing Count | 215 | 14.0% |
| Listings as % of Homes | 1.9% | 14.0% |
Days on Market | 61 | -2.0% |
Demographics — Monroe, GA
As of the latest ACS Survey released in 2023, Monroe, GA has a population of 28,300, which has increased by 12.5% over the past 5 years. Monroe, GA is a popular place for families, as children make up 27.8% of the population. The area has a poorly educated workforce, with 21.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,300 | 12.5% |
% Under 18 | 27.8% | 5.3% |
% Seniors | 15.2% | 7.8% |
% WFH | 11.6% | 300.0% |
% w/ College Degree | 21.6% | 15.5% |
As of the latest ACS Survey released in 2023, Monroe, GA is a predominantly white area, with 63.8% of the population identifying as white. The white population has shrunk by 10.4% in the last 5 years. The second most common race or ethnicity in Monroe, GA is black, making up 27.5% of the population. Foreign-born residents account for 3.8% of the population in Monroe, GA, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.8% | -10.4% |
% Black | 27.5% | 9.1% |
% Hispanic | 4.0% | 110.5% |
% Asian | 0.6% | 50.0% |
% Foreign Born | 3.8% | 100.0% |
Mortgage and Risk — Monroe, GA
According to HUD data as of 2023, there were 726 mortgage originations in Monroe, GA, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Monroe, GA. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 726 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Monroe, GA
As of 2024, the percent of homes in Monroe, GA under the Section 8 program is 7.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Monroe, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 510 |
Total Units Section 8 | 212 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 76.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,200 | $1,260 |
| 2 Bedroom | -$110 | $1,500 | $1,390 |
| 3 Bedroom | -$150 | $1,820 | $1,670 |
| 4 Bedroom | $270 | $1,750 | $2,020 |
Affordability — Monroe, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $354,000 |
| Median Household Income | $68,300 |