Monroe, IA 50170 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Monroe, IA—50170

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$249,000

3.0% YoY Growth

Household Income

$86,200

32.1% YoY Growth

Days on Market

43.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Monroe, IA

Monroe, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$249,000	3.0%
Single Family	$249,000	2.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Monroe, IA

Monroe, IA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

3.0%

1 Bedroom

13.0%

2 Bedrooms

56.9%

3 Bedrooms

23.8%

4 Bedrooms

3.3%

Property Listings — Monroe, IA

As of Dec '25, Realtor.com reports that the median days on market for a home in Monroe, IA is 32. This is a decrease of -9.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$275,000	22.0%
Listing Count	16	27.0%
Listings as % of Homes	0.4%	27.0%
Days on Market	56	-43.0%

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Demographics — Monroe, IA

As of the latest ACS Survey released in 2023, Monroe, IA has a population of 2,910, which has increased by 4.0% over the past 5 years. Monroe, IA is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,910	4.0%
% Under 18	22.4%	-8.2%
% Seniors	16.2%	10.2%
% WFH	6.9%	-13.7%
% w/ College Degree	22.6%	10.2%

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As of the latest ACS Survey released in 2023, Monroe, IA is a predominantly white area, with 96.9% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Monroe, IA is asian, making up 1.0% of the population. Foreign-born residents account for 1.1% of the population in Monroe, IA, and this percentage has increased by 1000.0% 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	96.9%	-1.7%
% Black	0.1%	0.0%
% Hispanic	0.5%	400.0%
% Asian	1.0%	233.3%
% Foreign Born	1.1%	1,000.0%

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Mortgage and Risk — Monroe, IA

According to HUD data as of 2023, there were 116 mortgage originations in Monroe, IA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Monroe, IA. Investor activity is low, as 2.0% 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	116
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Monroe, IA

Monroe, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	0.4%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$680
2 Bedroom	N/A	N/A	$880
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,220

Monroe, IA—50170

Key Metrics at a Glance

Home Price Trends — Monroe, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, IA

% of Rental Stock

Property Listings — Monroe, IA

Demographics — Monroe, IA

Race and Ethnicity

Mortgage and Risk — Monroe, IA

Mortgages

Rentals and Section 8 — Monroe, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, IA

Home Price to Income Ratio

Monroe, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Otley, IA

Prairie City, IA

Reasnor, IA

Colfax, IA

Newton, IA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.6
Median Home Price	$249,000
Median Household Income	$86,200

Monroe, IA—50170

Key Metrics at a Glance

Home Price Trends — Monroe, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, IA

% of Rental Stock

Property Listings — Monroe, IA

Demographics — Monroe, IA

Race and Ethnicity

Mortgage and Risk — Monroe, IA

Mortgages

Rentals and Section 8 — Monroe, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, IA

Home Price to Income Ratio

Monroe, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Otley, IA

Prairie City, IA

Reasnor, IA

Colfax, IA

Newton, IA

Frequently Asked Questions

What is the average home price in Monroe, IA 50170?

How have home prices in Monroe, IA 50170 changed over the past year?

What is the home price projection for Monroe, IA 50170?

What are the demographics of Monroe, IA 50170?

How long does it take homes to sell in Monroe, IA 50170?

What is the average rent price in Monroe, IA 50170?