Market Intelligence Report — MI-780

Monroe, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Accelerated

Median Listing

$314K
-0.9% YoY

Pending Ratio

0.70
-2.4% YoY

Active Inventory

255
-6.3% YoY

Median DOM

41 Days
-4.7% YoY

Primary Intelligence Tool — Sold Score™

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The Monroe market is currently in an Accelerated state, characterized by a pending ratio of 0.70. Active listings have contracted by 6.3% year-over-year, contributing to a competitive environment. The median listing price has shown a modest monthly gain of 1.4%, while remaining slightly below prior-year levels.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.3%-0.3 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

156,004+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Monroe market right now.

Inventory continues to tighten, with active listings declining 6.3% year-over-year, despite new listings increasing by 10.3% over the past year. Demand remains robust, evidenced by a pending ratio of 0.70, though this metric has seen a modest year-over-year decrease of 2.4 percentage points. The median listing price saw a 1.4% month-over-month increase, yet remains down 0.9% year-over-year, indicating pricing stability with slight downward pressure over a longer horizon.

Harrison Lilly
Harrison Lilly
Independent

“Local pricing and inventory dynamics across Monroe shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$314K+1.4% MoM

Active Inventory

255-6.3% YoY

Days on Market

41-4.7% YoY

Sold Score™

83-2.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

83
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors streamlined transactions, driven by the ongoing contraction in available inventory. The elevated pending ratio suggests homes are absorbing quickly, placing pressure on the pace of offers. Price discipline is becoming increasingly important for properties to clear the market efficiently, particularly given the slight year-over-year price depreciation.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

255 active listings represent the current floor, with new supply arriving at roughly 172 per month.

Pricing Pressure
15.2%

of active listings carry a price reduction, -4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.9% year-over-year.

Absorption
0.70

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Monroe, MI? Buyer Demand Index is running at 70%.

Demand in Monroe, MI is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
70%
Median Days on Market
41 days
Inventory YoY
−6%

Demand is strong in Monroe, MI. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Independent

How these recommendations are chosen →

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Metro Demographics

Metro Area
Monroe, MI
CBSA Code
33780
State
MI

ZIPs in Monroe, MI

Sorted by active inventory · click a ZIP for its full report

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