Monroe, GA—30656
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 $396,000, with a year-over-year change of 1.1%. This indicates that home prices in Monroe, GA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $396,000 | 1.1% |
| Single Family | $396,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | -0.8% |
3 Bed | $336,000 | 0.9% |
4 Bed | $459,000 | 2.2% |
| 5 Bed | $555,000 | 0.4% |
% of Housing Stock
Rental Trends — Monroe, GA
As of July '25, Rentcast reports the average rent in Monroe, GA is $1,530, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Monroe, GA is 1-bedrooms: $1,500, 2-bedrooms: $1,330, 3-bedrooms: $1,800. The most common rental property sizes in Monroe, GA are 3-bedroom and 4-bedroom, accounting for 59.4% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,530 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,380 | $1,330 |
| 3 Bed Rent | $1,720 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% 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 60. This is a increase of 8.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $566,000 | 2.0% |
Listing Count | 100 | -6.0% |
| Listings as % of Homes | 1.8% | -6.0% |
Days on Market | 60 | 8.0% |
Demographics — Monroe, GA
As of the latest ACS Survey released in 2023, Monroe, GA has a population of 17,800, which has increased by 10.3% over the past 5 years. Monroe, GA is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 27.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,800 | 10.3% |
% Under 18 | 22.7% | 2.3% |
% Seniors | 15.4% | -6.1% |
% WFH | 9.7% | 79.6% |
% w/ College Degree | 27.8% | 23.0% |
As of the latest ACS Survey released in 2023, Monroe, GA is a predominantly white area, with 76.0% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Monroe, GA is black, making up 15.1% of the population. Foreign-born residents account for 2.9% of the population in Monroe, GA, and this percentage has decreased by 50.8% 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 | 76.0% | 2.2% |
% Black | 15.1% | -19.7% |
% Hispanic | 5.2% | 160.0% |
% Asian | 1.8% | 100.0% |
% Foreign Born | 2.9% | -50.8% |
Mortgage and Risk — Monroe, GA
According to HUD data as of 2023, there were 471 mortgage originations in Monroe, GA, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% 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. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 471 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Monroe, GA
Monroe, GA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 74 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 62.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,500 | $1,430 |
| 2 Bedroom | $200 | $1,380 | $1,580 |
| 3 Bedroom | $180 | $1,720 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,290 |
Affordability — Monroe, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $396,000 |
| Median Household Income | $88,400 |