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Monroe County, MI Real Estate & Property Data

Monroe County Real Estate Market Trends
Last Updated: April 25, 2024

With up-to-date real estate data get detailed insight into Monroe County, MI sourced from the nation’s leading property data provider. The current median home price in Monroe County, MI is $240,000. Monroe County real estate data shows that there have been a total of 2,114 residential properties sold over the past 12 months. ATTOM’s Monroe County real estate data indicates that the county has 14 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Monroe County Real Estate Market Trends
Get property data for any address in Monroe County, MI or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 59,350
Total Commercial Properties 4,350
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,561
Total 2024 Residential Sales (year-to-date) 241
% of Homes Seriously Underwater (Q2 2024) 1.03%
Total 2023 Residential Sales 2,022
% of Equity Rich Homes (Q2 2024) 33.46%
Effective 2023 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 31
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Monroe County, MI Real Estate Overview

There were 2,114 residential properties sold in the past year in Monroe County, MI. The median home value in Monroe County, MI is $230,922. There are a total of 59,350 residential properties in the Monroe.

Median Sales Price i
$240,000
(Feb 2024)
+21.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $240,000
  • January '24 Jan '24 $205,000
  • December '23 Dec '23 $204,000
  • November '23 Nov '23 $241,500
  • October '23 Oct '23 $217,450
  • September '23 Sep '23 $240,000
  • August '23 Aug '23 $225,000
  • July '23 Jul '23 $240,000
  • June '23 Jun '23 $225,000
  • May '23 May '23 $240,000
  • April '23 Apr '23 $227,450
  • March '23 Mar '23 $219,000
Median Down Payment i
$40,500
(Feb 2024)
+202.2%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $40,500
  • January '24 Jan '24 $35,531
  • December '23 Dec '23 $16,500
  • November '23 Nov '23 $19,000
  • October '23 Oct '23 $30,000
  • September '23 Sep '23 $13,857
  • August '23 Aug '23 $27,500
  • July '23 Jul '23 $30,000
  • June '23 Jun '23 $19,043
  • May '23 May '23 $24,475
  • April '23 Apr '23 $20,000
  • March '23 Mar '23 $17,550
Number of Homes Sold i
120
(Feb 2024)
+12.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 120
  • January '24 Jan '24 121
  • December '23 Dec '23 149
  • November '23 Nov '23 178
  • October '23 Oct '23 195
  • September '23 Sep '23 185
  • August '23 Aug '23 228
  • July '23 Jul '23 189
  • June '23 Jun '23 182
  • May '23 May '23 163
  • April '23 Apr '23 142
  • March '23 Mar '23 155
Number of Purchase Loans i
83
(Feb 2024)
+13.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 83
  • January '24 Jan '24 86
  • December '23 Dec '23 94
  • November '23 Nov '23 117
  • October '23 Oct '23 150
  • September '23 Sep '23 135
  • August '23 Aug '23 157
  • July '23 Jul '23 147
  • June '23 Jun '23 144
  • May '23 May '23 124
  • April '23 Apr '23 114
  • March '23 Mar '23 104
Number of REFI Loans i
73
(Feb 2024)
-1.4%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 73
  • January '24 Jan '24 115
  • December '23 Dec '23 92
  • November '23 Nov '23 99
  • October '23 Oct '23 110
  • September '23 Sep '23 108
  • August '23 Aug '23 106
  • July '23 Jul '23 103
  • June '23 Jun '23 107
  • May '23 May '23 107
  • April '23 Apr '23 120
  • March '23 Mar '23 109
Number of HELOC Loans i
41
(Feb 2024)
-12.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 41
  • January '24 Jan '24 47
  • December '23 Dec '23 40
  • November '23 Nov '23 73
  • October '23 Oct '23 80
  • September '23 Sep '23 52
  • August '23 Aug '23 72
  • July '23 Jul '23 55
  • June '23 Jun '23 73
  • May '23 May '23 85
  • April '23 Apr '23 71
  • March '23 Mar '23 63

Monroe County, MI Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Monroe County, MI Foreclosure Activity

There were a total of 14 Monroe County, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 14 Monroe County, MI properties and repossessed 1 Monroe County, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
14
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 14
  • January '24 Jan '24 17
  • December '23 Dec '23 12
  • November '23 Nov '23 15
  • October '23 Oct '23 21
  • September '23 Sep '23 22
  • August '23 Aug '23 19
  • July '23 Jul '23 13
  • June '23 Jun '23 10
  • May '23 May '23 20
  • April '23 Apr '23 11
  • March '23 Mar '23 27
Foreclosure Starts i
14
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 14
  • January '24 Jan '24 17
  • December '23 Dec '23 12
  • November '23 Nov '23 15
  • October '23 Oct '23 21
  • September '23 Sep '23 22
  • August '23 Aug '23 19
  • July '23 Jul '23 13
  • June '23 Jun '23 10
  • May '23 May '23 20
  • April '23 Apr '23 11
  • March '23 Mar '23 27
Completed Foreclosures (REOs) i
1
(Feb 2024)
-85.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 12
  • November '23 Nov '23 4
  • October '23 Oct '23 12
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 7
  • May '23 May '23 5
  • April '23 Apr '23 6
  • March '23 Mar '23 3
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