Monroe, WI—53566
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monroe, WI
As of Oct '25, the median home price in Monroe, WI is $269,000, with a year-over-year change of 5.1%. This indicates that home prices in Monroe, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $269,000 | 5.1% |
| Single Family | $270,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $219,000 | 5.3% |
3 Bed | $264,000 | 4.8% |
4 Bed | $292,000 | 5.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Monroe, WI
As of July '25, Rentcast reports the average rent in Monroe, WI is $1,140, with a year-over-year rent change of 22.1%. Per bedroom, the median rent as of July '25 in Monroe, WI is 1-bedrooms: $1,150, 2-bedrooms: $1,140. The most common rental property sizes in Monroe, WI are 2-bedroom and 1-bedroom, accounting for 46.3% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,140 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,150 | $1,150 |
| 2 Bed Rent | $1,150 | $1,140 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Monroe, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroe, WI is 49. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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 | $282,000 | -10.0% |
Listing Count | 68 | 19.0% |
| Listings as % of Homes | 0.4% | 19.0% |
Days on Market | 49 | -1.0% |
Demographics — Monroe, WI
As of the latest ACS Survey released in 2023, Monroe, WI has a population of 14,800, which has decreased by -2.5% over the past 5 years. Monroe, WI is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,800 | -2.5% |
% Under 18 | 21.8% | 0.9% |
% Seniors | 21.5% | 9.1% |
% WFH | 10.5% | 105.9% |
% w/ College Degree | 26.2% | 27.2% |
As of the latest ACS Survey released in 2023, Monroe, WI is a predominantly white area, with 90.2% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in Monroe, WI is hispanic, making up 6.3% of the population. Foreign-born residents account for 2.4% of the population in Monroe, WI, and this percentage has increased by 4.3% 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 | 90.2% | -3.5% |
% Black | 1.0% | 150.0% |
% Hispanic | 6.3% | 80.0% |
% Asian | 0.4% | -42.9% |
% Foreign Born | 2.4% | 4.3% |
Mortgage and Risk — Monroe, WI
According to HUD data as of 2023, there were 388 mortgage originations in Monroe, WI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Monroe, WI. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 388 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Monroe, WI
Monroe, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 144 |
Total Units Section 8 | 59 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 82.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$390 | $1,150 | $760 |
| 2 Bedroom | -$150 | $1,150 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Monroe, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $269,000 |
| Median Household Income | $71,800 |