Housing in Monroe, WA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$797,475

Median List Price

$721,500

Price Per Sq Ft

$374

Days on Market

62

Active Inventory

35

Months of Supply

3.5

Seller's market

Zillow Home Value

$711,926

ZHVI — January 2026

Zillow Rent Index

$2,497

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 2.2%List Price 4.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

30.8%

Sale-to-List Ratio

98.4%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
30.8%
Listings with Price Drops
42.9%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

22

Pending Sales

13

Homes Sold 63.0%New Listings 4.8%Pending 58.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$374

Median List $/SF

$351

Sale $/SF 6.9%List $/SF 3.6%Mar 24Jan 26

Monroe vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$594,300

Median Rent

$1,902

Total Housing Units

6,241

Vacancy Rate

2.0%

Owner Occupied

70.7%

Renter Occupied

29.3%

Median Property Tax

$4,243

per year

Monthly Cost (w/ Mortgage)

$2,248

Housing Types

Single Family
80.6%
Multi-Family
18.8%
Mobile Home
0.6%

The current median sale price in Monroe, WA is $797,475 according to Redfin data. Homes spend a median of 62 days on the market. 20.0% of homes sold above asking price. The market has 3.5 months of supply. The median price per square foot is $374. Zillow's observed rent index is $2,497/month. About 70.7% of housing units are owner-occupied. The median year homes were built is 1996. There are 6,241 total housing units.