How competitive is the Monroe housing market?

Monroe is competitive as of May 2026, with a Sold Score of 62/100 (Good Chance of Selling). **Pending ratio** is 0.57 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -20.3% — fewer choices for buyers than a year ago. **Median days on market** is 66. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 32.8% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 62/100 (Good Chance of Selling) · Pending ratio: 0.57 · Inventory YoY: -20.3% · Median days on market: 66 · Sellers cutting price: 32.8% · Median listing price: $256,700 (+1.2% YoY)