Market Intelligence Report — MI-780

Monroe, MI

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

Ref. No: 2026-MI-08
As of the latest 2026 data
Accelerated

Median Listing

$310K
-3.1% YoY

Pending Ratio

0.74
+8.6% YoY

Active Inventory

250
-9.1% YoY

Median DOM

39 Days
-4.9% YoY

Primary Intelligence Tool — Sold Score™

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The Monroe housing market is currently in an Accelerated condition, with a pending ratio of 0.74 indicating strong demand absorption relative to available inventory. Despite a decline in the median listing price by 3.1% year-over-year, buyer engagement remains elevated, supporting competitive dynamics.

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

5.1%-0.9 pp YoY

Unemployment rate · Jul 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.

Active listings have contracted by 9.1% year-over-year, contributing to tighter market conditions. New listings also decreased by 6.5% over the past year. Concurrently, the pending ratio has increased by 8.6% year-over-year, reflecting sustained buyer activity. The median price per square foot experienced a 6.4% year-over-year increase, while the median listing price saw a 3.1% year-over-year decline.

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

$310K-1.0% MoM

Active Inventory

250-9.1% YoY

Days on Market

39-4.9% YoY

Sold Score™

83+8.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

83
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The elevated pending ratio, combined with contracting active inventory, suggests that available properties are absorbing quickly. This dynamic creates an environment where properties are likely to spend less time on the market, as evidenced by the 4.9% year-over-year reduction in median days on market. Buyers may encounter a limited selection and an accelerated pace of transaction, requiring swift decisions to secure properties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

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

Pricing Pressure
16.3%

of active listings carry a price reduction, -2.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +6.4% year-over-year.

Absorption
0.74

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Monroe, MI? Buyer Demand Index is running at 74%.

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
74%
Median Days on Market
39 days
Inventory YoY
−9%

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

See how fast my home should sell

Talk to a local listing expert covering Monroe, MI.

Harrison Lilly

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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