What is the average home price in Monroe, NY 10950?

As of May '26, the median home price in Monroe, NY 10950 is $532,000, based on Zillow home estimates.

How have home prices in Monroe, NY 10950 changed over the past year?

As of May '26, home prices have increased 0.6% over the past year, according to Zillow home estimates data.

What is the home price projection for Monroe, NY 10950?

As of May '26, Zillow projects home prices in Monroe, NY 10950 to decrease N/A in the next year.

What are the demographics of Monroe, NY 10950?

According to the latest Census, the demographics of Monroe, NY 10950 are 81.4% White, 3.2% Black, 1.2% Asian, 11.7% Hispanic. The population is 65,400, with 44.5% under 18 years old.

How long does it take homes to sell in Monroe, NY 10950?

According to Realtor.com, as of May '26, the median home in Monroe, NY 10950 is on the market for 35 days. This is a decrease of 8.0% from last year.

What is the average rent price in Monroe, NY 10950?

The average rent price in Monroe, NY 10950, as of the latest data, is $2,940. The average rent for 1 bedroom homes is $1,800. For 2, 3, and 4 bedroom homes, the average rent is $2,350, $3,120, and $3,700 respectively.

Monroe, NY 10950 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Monroe, NY—10950

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$532,000

0.6% YoY Growth

Household Income

$77,100

0.6% YoY Growth

Days on Market

8.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$2,850

4.9% YoY Growth

1-Bed Rent

$1,800

5.3% YoY Growth

2-Bed Rent

$2,250

1.3% YoY Growth

3-Bed Rent

$3,200

5.4% YoY Growth

Home Price Trends — Monroe, NY

Monroe, NY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$532,000	0.6%
Single Family	$542,000	0.4%
Condos	$382,000	3.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$223,000	0.0%

Rental Trends — Monroe, NY

As of July '25, Rentcast reports the average rent in Monroe, NY is $2,940, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Monroe, NY is 1-bedrooms: $1,800, 2-bedrooms: $2,350, 3-bedrooms: $3,120, 4-bedrooms: $3,700. The most common rental property sizes in Monroe, NY are 3-bedroom and 2-bedroom, accounting for 34.4% and 27.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,850	$2,940
Studio Rent	N/A	N/A
1 Bed Rent	$1,800	$1,800
2 Bed Rent	$2,250	$2,350
3 Bed Rent	$3,200	$3,120
4 Bed Rent	$3,700	$3,700

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% of Rental Stock

Studio

1.2%

1 Bedroom

8.8%

2 Bedrooms

27.0%

3 Bedrooms

34.4%

4 Bedrooms

19.2%

5+ Bedrooms

9.4%

Property Listings — Monroe, NY

As of May '26, Realtor.com reports that the median days on market for a home in Monroe, NY is 35. This is a decrease of -8.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$660,000	14.0%
Listing Count	173	-1.0%
Listings as % of Homes	0.4%	-1.0%
Days on Market	35	-8.0%

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Demographics — Monroe, NY

As of the latest ACS Survey released in 2023, Monroe, NY has a population of 65,400, which has increased by 28.5% over the past 5 years. Monroe, NY is a popular place for families, as children make up 44.5% of the population. The area has a moderately educated workforce, with 25.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	65,400	28.5%
% Under 18	44.5%	4.7%
% Seniors	6.8%	1.5%
% WFH	13.4%	191.3%
% w/ College Degree	25.8%	-8.8%

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As of the latest ACS Survey released in 2023, Monroe, NY is a predominantly white area, with 81.4% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Monroe, NY is hispanic, making up 11.7% of the population. Foreign-born residents account for 10.6% of the population in Monroe, NY, and this percentage has increased by 10.4% 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	81.4%	0.4%
% Black	3.2%	10.3%
% Hispanic	11.7%	-4.9%
% Asian	1.2%	-53.8%
% Foreign Born	10.6%	10.4%

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Mortgage and Risk — Monroe, NY

According to HUD data as of 2023, there were 577 mortgage originations in Monroe, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Monroe, NY. Investor activity is low, as 5.0% 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	577
% Conventional Loans	95.0%
% Government Loans	5.0%
% Investor Loans	5.0%
% Second Loans	1.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Monroe, NY

As of 2024, the percent of homes in Monroe, NY under the Section 8 program is 30.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Monroe, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	1,872
Total Units Section 8	1,872
% Rentals under Section 8	30.2%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$140	$1,800	$1,660
2 Bedroom	-$130	$2,250	$2,120
3 Bedroom	-$500	$3,200	$2,700
4 Bedroom	-$770	$3,700	$2,930

Monroe, NY—10950

Key Metrics at a Glance

Home Price Trends — Monroe, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, NY

% of Rental Stock

Property Listings — Monroe, NY

Demographics — Monroe, NY

Race and Ethnicity

Mortgage and Risk — Monroe, NY

Mortgages

Rentals and Section 8 — Monroe, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, NY

Home Price to Income Ratio

Monroe, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Indian Hill, NY

Chester, NY

Central Valley, NY

Harriman, NY

Blooming Grove

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.1
Median Home Price	$532,000
Median Household Income	$77,100