Monroe, IA—50170
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | 3.1% |
| 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 |
2 Bed | $189,000 | 2.7% |
3 Bed | $249,000 | 2.5% |
4 Bed | $300,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Monroe, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroe, IA is 55. This is a increase of 66.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $310,000 | 37.0% |
Listing Count | 12 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 55 | 66.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Monroe, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $249,000 |
| Median Household Income | $86,200 |