Monroe, MI—48161
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$206,000
6.4% YoY Growth
Household Income
$65,500
32.6% YoY Growth
Days on Market
43
0.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$875
6.1% YoY Growth
1-Bed Rent
$820
0.7% YoY Growth
2-Bed Rent
$950
0.0% YoY Growth
3-Bed Rent
$1,600
23.4% YoY Growth
Other Zip Codes in Monroe, MI
Home Price Trends — Monroe, MI
As of May '26, the median home price in Monroe, MI is $206,000, with a year-over-year change of 6.4%. This indicates that home prices in Monroe, MI are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | 6.4% |
| Single Family | $204,000 | 7.4% |
| Condos | $239,000 | 11.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |