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

In May 2026 Monroe homes were listed to buy for a median price of $324K, which is a 11% decrease to April 2025 last month, and a 10% decrease to May 2025 last year. The median value of a home listed to buy in Monroe in May 2026 was $208 per sqft, which is a 5% decrease to April 2025 last month, and a 5% decrease to May 2025 last year.

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

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

Is it a good time to buy property in Monroe, VA?

Yes now is a good time to buy property in Monroe, in May 2026, homes in Monroe have decreased in value (price per sqft) by 5% in the last year compared with May 2025.

Are home prices dropping in Monroe, VA?

Home price are dropping in Monroe, in May 2026, homes to buy in Monroe have decreased in median list price by 23% compared with April 2026, one month ago.

Is the Monroe, VA housing market slowing down?

In May 2026, homes to buy in Monroe spent an median 91 days on the market, a same May 2025 last year.

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

The best and safest neighborhoods to live in Monroe in May 2026 are Boonsboro, Beacon Hill, Bethel Estates, Irvington Park, Boonsboro Acres, Cornerstone, Woodland, Peakland, Wyndhurst, Linkhorne, Bedford Hills, Rivermont, Richland Hills, Riverside, Sandusky, Fort Hill, Perrymont, Diamond Hill, White Rock Hill, Fairview Heights

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

In May 2026, Monroe homes were listed to buy for a median price of $324K, with 25% down you would need $1.77K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $60.8K.

Is it a good time to sell my house in Monroe, VA?

Yes now is a good time to sell your house in Monroe, in May 2026, homes in Monroe have decreased in value (price per sqft) by 5% in the last year compared with May 2025.