How much does it cost to buy a house in Monroe, MI?

In May 2026 Monroe homes were listed to buy for a median price of $265K, The median value of a home listed to buy in Monroe in May 2026 was $170 per sqft, which is a 1% decrease to April 2025 last month, and same as May 2025 last year.

Is it affordable or expensive to live in Monroe, MI?

It is affordable to live in Monroe. Buying a home in Monroe is 1% less expensive compared with the national average.

Are home prices dropping in Monroe, MI?

Home price are dropping in Monroe, in May 2026, homes to buy in Monroe have same in median list price by 5% compared with April 2026, one month ago.

Is the Monroe, MI housing market slowing down?

In May 2026, homes to buy in Monroe spent an median 74 days on the market, a same May 2025 last year.

What are the best and safest places to live in Monroe, MI?

The best and safest neighborhoods to live in Monroe in May 2026 are Corktown, Brush Park, Dearborn Hills, Chapel Hill Condominiums, Ford Historic Homes, Downtown Detroit, Old Orchard, Westgate, Downtown Toledo, Franklin Park, Rosedale Park, Lafayette Park, Point Place, Colonial Square, Grandmont, Old West End, Warrendale, South Side, East Toledo, Brightmoor

How much money should I make to buy a house in Monroe, MI?

In May 2026, Monroe homes were listed to buy for a median price of $265K, with 25% down you would need $1.68K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $57.7K.