Monroe, MI—48162
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$228,000
4.8% YoY Growth
Household Income
$68,800
24.8% YoY Growth
Days on Market
60
2.0% Longer YoY
Home Price Forecast
2.4%
Median Rent
$950
2.9% YoY Growth
1-Bed Rent
$895
4.5% YoY Growth
2-Bed Rent
$999
22.6% YoY Growth
3-Bed Rent
$2,400
42.9% YoY Growth
Other Zip Codes in Monroe, MI
Home Price Trends — Monroe, MI
As of Dec '25, the median home price in Monroe, MI is $228,000, with a year-over-year change of 4.8%. This indicates that home prices in Monroe, MI are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 4.8% |
| Single Family | $226,000 | 5.1% |
| Condos | $260,000 | 7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |