Monroe

Why you'd want to live in Monroe

The city of Monroe is a vibrant and progressive city that serves as the hub of retail, government, culture, and industry in Union County. From the large Historic District complete with stately homes and a newly revitalized downtown to its industrial core attracting businesses from across the globe to the ever-growing retail marketplace, Monroe has something to offer to all. The downtown area is currently in the throes of a revitalization plan that has been spearheaded by city leaders. The plan is geared to increase traffic to downtown businesses as well as to show off the charm of the tree-lined streets and make the downtown area a destination for families. Several activities like live music, antique car cruise-ins, outdoor movies, to name just a few, are held throughout the year. The downtown at times also finds itself the center of attention as film crews use the backdrop of the Historic Union County Courthouse and charm of Main Street in major motion pictures. via monroenc.org

Monroe Market Report

$551,040

AVERAGE PRICE OF 484 HOMES

$1,000,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,382,647

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$469,380

AVERAGE PRICE OF 170 NEWLY BUILT HOMES

$662,958

AVERAGE PRICE OF 17 HOMES WITH A POOL

$511,870

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $551,040
Avg Bedrooms 2.98 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $184,500
2 bedrooms $295,871
3 bedrooms $438,853
4 bedrooms $488,391
5 bedrooms $499,622
Monroe Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 476 458 450 453 437
Average Price $551,741 $547,877 $540,880 $531,417 $546,168
Avg Price Change +0.71% +1.29% +1.78% -2.78% -3.69%
Median Price $424,770 $424,621 $422,994 $415,774 $410,732
Med Price Change +0.04% +0.38% +1.74% +1.23% -0.03%
Avg Bedrooms 2.91 beds 2.86 beds 2.82 beds 2.87 beds 2.83 beds
Avg Bathrooms 2.17 baths 2.15 baths 2.14 baths 2.19 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unspecified 168 $559,799 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 484 $551,040 115 days
Distressed Homes 1 $1,000,000 223 days
Multi-Million Dollar Homes 28 $2,382,647 391 days
Newly Built Homes 170 $469,380 80 days
Homes with a Pool 17 $662,958 55 days
Reduced Price Homes 22 $511,870 47 days

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Berkshire Hathaway HomeServices Carolinas Realty
Mike Kasey Real Estate Consulting Group
Mike Kasey
3420 Toringdon Way, Suite 200
Charlotte, NC 28277
704-579-7094

Based on information submitted to the MLS GRID as of 7/22/2024 6:32 AM CST. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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