Monroe, LA—71202

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$52,000

19.0% YoY Growth

Household Income

$26,900

17.7% YoY Growth

Days on Market

152

54.0% Longer YoY

Home Price Forecast

-2.5%

Median Rent

$865

51.2% YoY Growth

1-Bed Rent

$865

38.2% YoY Growth

2-Bed Rent

$2,500

219.7% YoY Growth

3-Bed Rent

$835

3.9% YoY Growth

Other Zip Codes in Monroe, LA

71203 71201

Home Price Trends — Monroe, LA

As of Dec '25, the median home price in Monroe, LA is $52,000, with a year-over-year change of -19.0%. This indicates that home prices in Monroe, LA are decreasing. According to Zillow, the 1-year price projection is -2.5%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$52,000	-19.0%
Single Family	$52,000	-17.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$865	$1,290
Studio Rent	N/A	N/A
1 Bed Rent	$865	$760
2 Bed Rent	$2,500	$2,040
3 Bed Rent	$835	$818
4 Bed Rent	N/A	N/A

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$57,400	-37.0%
Listing Count	10	-46.0%
Listings as % of Homes	0.1%	-46.0%
Days on Market	152	54.0%

Metric	Latest Census	YoY % Change
Population	26,800	-9.8%
% Under 18	30.5%	10.1%
% Seniors	13.8%	26.6%
% WFH	4.4%	633.3%
% w/ College Degree	10.9%	49.3%

Metric	Latest Census	5-Year % Change
% White	11.0%	-16.7%
% Black	84.0%	-2.4%
% Hispanic	2.4%	200.0%
% Asian	0.3%	∞%
% Foreign Born	0.6%	200.0%

Metric	Zip Code Average
Total Loan Originations	94
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	40.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

Monroe, LA—71202

Key Metrics at a Glance

Other Zip Codes in Monroe, LA

Home Price Trends — Monroe, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, LA

% of Rental Stock

Property Listings — Monroe, LA

Demographics — Monroe, LA

Race and Ethnicity

Mortgage and Risk — Monroe, LA

Mortgages

Rentals and Section 8 — Monroe, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, LA

Home Price to Income Ratio

Monroe, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Edgewater

Monroe, LA

West Monroe, LA

Monroe, LA

West Monroe, LA

Frequently Asked Questions

Total Units under HUD	2,355
Total Units Section 8	1,317
% Rentals under Section 8	26.5%
% Occupied Section 8	96.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$165	$865	$700
2 Bedroom	-$1,600	$2,500	$900
3 Bedroom	$325	$835	$1,160
4 Bedroom	N/A	N/A	$1,200

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$52,000
Median Household Income	$26,900

Monroe, LA—71202

Key Metrics at a Glance

Other Zip Codes in Monroe, LA

Home Price Trends — Monroe, LA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monroe, LA

% of Rental Stock

Property Listings — Monroe, LA

Demographics — Monroe, LA

Race and Ethnicity

Mortgage and Risk — Monroe, LA

Mortgages

Rentals and Section 8 — Monroe, LA

Section 8 Market Size

Section 8 Opportunity

Affordability — Monroe, LA

Home Price to Income Ratio

Monroe, LA — ZIP Code Boundary Map

Nearby ZIP Codes

Edgewater

Monroe, LA

West Monroe, LA

Monroe, LA

West Monroe, LA

Frequently Asked Questions

What is the average home price in Monroe, LA 71202?

How have home prices in Monroe, LA 71202 changed over the past year?

What is the home price projection for Monroe, LA 71202?

What are the demographics of Monroe, LA 71202?

How long does it take homes to sell in Monroe, LA 71202?

What is the average rent price in Monroe, LA 71202?