Are home prices going up or down in Monroe, MI?
In Monroe, MI, the typical home sold for $278,000 during May 2026 — about the same as a year ago. Prices are flat, not rising or falling.
Over the last 36 months the typical sale price in Monroe, MI went from $245,000 to $278,000 — up 13%.
Prices are at their highest point in that three-year window right now.
Measured by size, homes in Monroe, MI are selling for about $177 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Monroe, MI area, through May 2026.
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More about the Monroe, MI market
- When is the best month to sell a house in Monroe, MI?
- How long does it take to sell a house in Monroe, MI?
- Do homes sell above asking price in Monroe, MI?
- Is Monroe, MI a buyer's market or a seller's market?
- How many homes are for sale in Monroe, MI?
- All Monroe, MI housing numbers
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Figures come from Redfin's published market data for the Monroe, MI area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.