Monroe, OR—97456
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monroe, OR
As of Oct '25, the median home price in Monroe, OR is $566,000, with a year-over-year change of 0.3%. This indicates that home prices in Monroe, OR are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $566,000 | 0.3% |
| Single Family | $566,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | 0.7% |
3 Bed | $565,000 | 0.7% |
4 Bed | $684,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Monroe, OR
Monroe, OR 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, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Monroe, OR is 50. This is a decrease of -38.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $943,000 | 52.0% |
Listing Count | 16 | -13.0% |
| Listings as % of Homes | 0.6% | -13.0% |
Days on Market | 50 | -38.0% |
Demographics — Monroe, OR
As of the latest ACS Survey released in 2023, Monroe, OR has a population of 3,280, which has increased by 22.1% over the past 5 years. Monroe, OR is a moderately popular place for families, as children make up 21.5% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,280 | 22.1% |
% Under 18 | 21.5% | 6.4% |
% Seniors | 20.1% | -4.3% |
% WFH | 13.0% | 83.1% |
% w/ College Degree | 24.7% | 7.4% |
As of the latest ACS Survey released in 2023, Monroe, OR is a predominantly white area, with 67.6% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Monroe, OR is hispanic, making up 21.5% of the population. Foreign-born residents account for 6.7% of the population in Monroe, OR, and this percentage has decreased by 10.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.6% | -15.5% |
% Black | 4.1% | ∞% |
% Hispanic | 21.5% | 44.3% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.7% | -10.7% |
Mortgage and Risk — Monroe, OR
According to HUD data as of 2023, there were 61 mortgage originations in Monroe, OR, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Monroe, OR. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Monroe, OR
Monroe, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,120 |
| 2 Bedroom | N/A | N/A | $1,420 |
| 3 Bedroom | N/A | N/A | $2,000 |
| 4 Bedroom | N/A | N/A | $2,250 |
Affordability — Monroe, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $566,000 |
| Median Household Income | $66,200 |