Housing in South Monroe, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$181,500
Median List Price
$445,900
Price Per Sq Ft
$155
Days on Market
44
Active Inventory
5
Months of Supply
1.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
96.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
1
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$155
Median List $/SF
$212
South Monroe vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. South 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
$176,900
Median Rent
$935
Total Housing Units
3,207
Vacancy Rate
4.1%
Owner Occupied
69.2%
Renter Occupied
30.8%
Median Property Tax
$2,128
per year
Monthly Cost (w/ Mortgage)
$854
Housing Types
The current median sale price in South Monroe, MI is $181,500 according to Redfin data. Homes spend a median of 44 days on the market. 25.0% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $155. The median rent is $935 per month (Census ACS). About 69.2% of housing units are owner-occupied. The median year homes were built is 1975. There are 3,207 total housing units.