Monroe Center, IL 61052 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Monroe Center, IL—61052

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$261,000

11.5% YoY Growth

Household Income

$91,900

53.1% YoY Growth

Days on Market

219.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,100

N/A

1-Bed Rent

N/A

2-Bed Rent

$1,100

N/A

3-Bed Rent

N/A

Home Price Trends — Monroe Center, IL

As of May '26, the median home price in Monroe Center, IL is $261,000, with a year-over-year change of 11.5%. This indicates that home prices in Monroe Center, IL are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$261,000	11.5%
Single Family	$261,000	12.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Monroe Center, IL

Monroe Center, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,100	$1,100
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,100	$1,100
3 Bed Rent	N/A	N/A
4 Bed Rent	$1,100	$1,100

Loading chart...

% of Rental Stock

Studio

6.7%

1 Bedroom

48.9%

2 Bedrooms

35.6%

3 Bedrooms

6.7%

4 Bedrooms

2.2%

Property Listings — Monroe Center, IL

As of May '26, Realtor.com reports that the median days on market for a home in Monroe Center, IL is 35. This is a increase of 219.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$358,000	77.0%
Listing Count	3	80.0%
Listings as % of Homes	0.6%	80.0%
Days on Market	35	219.0%

Loading chart...

Demographics — Monroe Center, IL

As of the latest ACS Survey released in 2023, Monroe Center, IL has a population of 1,160, which has increased by 41.3% over the past 5 years. Monroe Center, IL is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 22.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,160	41.3%
% Under 18	22.7%	69.4%
% Seniors	17.8%	-41.8%
% WFH	8.1%	62.0%
% w/ College Degree	22.5%	45.2%

Loading chart...

As of the latest ACS Survey released in 2023, Monroe Center, IL is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Monroe Center, IL is hispanic, making up 10.2% of the population. Foreign-born residents account for 1.8% of the population in Monroe Center, IL, and this percentage has increased by 157.1% 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	88.5%	-6.3%
% Black	0.0%	N/A
% Hispanic	10.2%	121.7%
% Asian	0.0%	N/A
% Foreign Born	1.8%	157.1%

Loading chart...

Mortgage and Risk — Monroe Center, IL

Monroe Center, IL lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

Loading chart...

Rentals and Section 8 — Monroe Center, IL

Monroe Center, IL 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	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$920
2 Bedroom	$100	$1,100	$1,200
3 Bedroom	N/A	N/A	$1,690
4 Bedroom	$930	$1,100	$2,030

Monroe Center, IL—61052

Key Metrics at a Glance

Home Price Trends — Monroe Center, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe Center, IL

% of Rental Stock

Property Listings — Monroe Center, IL

Demographics — Monroe Center, IL

Race and Ethnicity

Mortgage and Risk — Monroe Center, IL

Mortgages

Rentals and Section 8 — Monroe Center, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe Center, IL

Home Price to Income Ratio

Monroe Center, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Lindenwood, IL

Esmond, IL

Rockford, IL

Davis Junction, IL

Cherry Valley, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$261,000
Median Household Income	$91,900

Monroe Center, IL—61052

Key Metrics at a Glance

Home Price Trends — Monroe Center, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe Center, IL

% of Rental Stock

Property Listings — Monroe Center, IL

Demographics — Monroe Center, IL

Race and Ethnicity

Mortgage and Risk — Monroe Center, IL

Mortgages

Rentals and Section 8 — Monroe Center, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe Center, IL

Home Price to Income Ratio

Monroe Center, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Lindenwood, IL

Esmond, IL

Rockford, IL

Davis Junction, IL

Cherry Valley, IL

Frequently Asked Questions

What is the average home price in Monroe Center, IL 61052?

How have home prices in Monroe Center, IL 61052 changed over the past year?

What is the home price projection for Monroe Center, IL 61052?

What are the demographics of Monroe Center, IL 61052?

How long does it take homes to sell in Monroe Center, IL 61052?

What is the average rent price in Monroe Center, IL 61052?