Housing in Monroe, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$211,000

Median List Price

$165,000

Price Per Sq Ft

$162

Days on Market

19

Active Inventory

10

Months of Supply

2.5

Seller's market

Zillow Home Value

$248,382

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 42.8%List Price 2.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

95.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
30.0%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

2

Pending Sales

1

Homes Sold 100.0%New Listings 50.0%Pending 66.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$162

Median List $/SF

$138

Sale $/SF 28.3%List $/SF 21.1%Mar 24Jan 26

Monroe vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Monroe is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$173,500

Median Rent

$780

Total Housing Units

882

Vacancy Rate

0.9%

Owner Occupied

75.7%

Renter Occupied

24.3%

Median Property Tax

$2,395

per year

Monthly Cost (w/ Mortgage)

$1,007

Housing Types

Single Family
82.9%
Multi-Family
15.9%
Mobile Home
1.3%

The current median sale price in Monroe, IA is $211,000 according to Redfin data. Homes spend a median of 19 days on the market. 0.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $162. The median rent is $780 per month (Census ACS). About 75.7% of housing units are owner-occupied. The median year homes were built is 1965. There are 882 total housing units.