Monroe, GA 30655 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Monroe, GA—30655

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$354,000

0.3% YoY Growth

Household Income

$68,300

41.0% YoY Growth

Days on Market

3.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$1,770

4.3% YoY Growth

1-Bed Rent

$1,200

N/A

2-Bed Rent

$1,500

2.6% YoY Growth

3-Bed Rent

$1,820

1.1% YoY Growth

Other Zip Codes in Monroe, GA

30656

Home Price Trends — Monroe, GA

As of Dec '25, the median home price in Monroe, GA is $354,000, with a year-over-year change of 0.3%. This indicates that home prices in Monroe, GA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$354,000	0.3%
Single Family	$354,000	0.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.1%

1 Bedroom

8.2%

2 Bedrooms

30.1%

3 Bedrooms

46.0%

4 Bedrooms

10.6%

Property Listings — Monroe, GA

As of Dec '25, Realtor.com reports that the median days on market for a home in Monroe, GA is 71. 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$392,000	4.0%
Listing Count	193	6.0%
Listings as % of Homes	1.9%	6.0%
Days on Market	70	-3.0%

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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%

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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%

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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%

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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

Monroe, GA—30655

Key Metrics at a Glance

Other Zip Codes in Monroe, GA

Home Price Trends — Monroe, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, GA

% of Rental Stock

Property Listings — Monroe, GA

Demographics — Monroe, GA

Race and Ethnicity

Mortgage and Risk — Monroe, GA

Mortgages

Rentals and Section 8 — Monroe, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, GA

Home Price to Income Ratio

Monroe, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Monroe, GA

Social Circle, GA

Good Hope, GA

Bethlehem, GA

Bostwick

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$354,000
Median Household Income	$68,300

Monroe, GA—30655

Key Metrics at a Glance

Other Zip Codes in Monroe, GA

Home Price Trends — Monroe, GA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, GA

% of Rental Stock

Property Listings — Monroe, GA

Demographics — Monroe, GA

Race and Ethnicity

Mortgage and Risk — Monroe, GA

Mortgages

Rentals and Section 8 — Monroe, GA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, GA

Home Price to Income Ratio

Monroe, GA — ZIP Code Boundary Map

Nearby ZIP Codes

Monroe, GA

Social Circle, GA

Good Hope, GA

Bethlehem, GA

Bostwick

Frequently Asked Questions

What is the average home price in Monroe, GA 30655?

How have home prices in Monroe, GA 30655 changed over the past year?

What is the home price projection for Monroe, GA 30655?

What are the demographics of Monroe, GA 30655?

How long does it take homes to sell in Monroe, GA 30655?

What is the average rent price in Monroe, GA 30655?