Housing in Monroe, LA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$308,950

Median List Price

$220,000

Price Per Sq Ft

$153

Days on Market

37

Active Inventory

86

Months of Supply

8.6

Buyer's market

Zillow Home Value

$146,302

ZHVI — January 2026

Zillow Rent Index

$945

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 35.8%List Price 20.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

36.4%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
36.4%
Listings with Price Drops
25.6%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

25

Pending Sales

22

Homes Sold 61.5%New Listings 28.6%Pending 40.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$153

Median List $/SF

$111

Sale $/SF 45.7%List $/SF 16.5%Mar 24Jan 26

Monroe vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 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

$174,800

Median Rent

$823

Total Housing Units

21,317

Vacancy Rate

13.8%

Owner Occupied

45.1%

Renter Occupied

54.9%

Median Property Tax

$786

per year

Monthly Cost (w/ Mortgage)

$779

Housing Types

Single Family
71.7%
Multi-Family
26.2%
Mobile Home
2.1%

The current median sale price in Monroe, LA is $308,950 according to Redfin data. Homes spend a median of 37 days on the market. 0.0% of homes sold above asking price. The market has 8.6 months of supply. The median price per square foot is $153. Zillow's observed rent index is $945/month. About 45.1% of housing units are owner-occupied. The median year homes were built is 1971. There are 21,317 total housing units.