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

$561,639

AVERAGE PRICE OF 434 HOMES

$250,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,327,408

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$462,542

AVERAGE PRICE OF 157 NEWLY BUILT HOMES

$647,368

AVERAGE PRICE OF 22 HOMES WITH A POOL

$483,603

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $561,639
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.32 baths

Average Price by Bedrooms

1 bedroom $212,797
2 bedrooms $319,053
3 bedrooms $450,694
4 bedrooms $513,931
5 bedrooms $562,300
Monroe Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 459 505 506 509 479
Average Price $552,423 $543,094 $537,230 $530,604 $552,049
Avg Price Change +1.72% +1.09% +1.25% -4.04% -0.23%
Median Price $420,908 $422,812 $421,063 $420,443 $424,184
Med Price Change -0.45% +0.42% +0.15% -0.89% -0.39%
Avg Bedrooms 2.86 beds 2.87 beds 2.91 beds 2.94 beds 2.97 beds
Avg Bathrooms 2.28 baths 2.26 baths 2.27 baths 2.29 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unspecified 154 $615,249 163 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 434 $561,639 134 days
Distressed Homes 1 $250,000 3 days
Multi-Million Dollar Homes 28 $2,327,408 276 days
Newly Built Homes 157 $462,542 99 days
Homes with a Pool 22 $647,368 60 days
Reduced Price Homes 24 $483,603 85 days

Powered by
Powered by
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 January 21, 2025 10 PM. 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.
This site powered by CINC: www.cincpro.com