Housing in Monroe, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$400,000
Median List Price
$394,000
Price Per Sq Ft
$179
Days on Market
84
Active Inventory
191
Months of Supply
4.9
Balanced market
Zillow Home Value
$345,584
ZHVI — January 2026
Zillow Rent Index
$1,975
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.3%
Off Market in 2 Weeks
26.6%
Sale-to-List Ratio
97.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
39
New Listings
74
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$179
Median List $/SF
$190
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
$270,600
Median Rent
$1,216
Total Housing Units
12,994
Vacancy Rate
7.0%
Owner Occupied
58.5%
Renter Occupied
41.5%
Median Property Tax
$1,856
per year
Monthly Cost (w/ Mortgage)
$1,310
Housing Types
The current median sale price in Monroe, NC is $400,000 according to Redfin data. Homes spend a median of 84 days on the market. 10.3% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $179. Zillow's observed rent index is $1,975/month. About 58.5% of housing units are owner-occupied. The median year homes were built is 1987. There are 12,994 total housing units.