How competitive is the Monroe housing market?

Monroe is competitive as of September 2026, with a Sold Score of 83/100 (Excellent Chance of Selling). **Pending ratio** is 0.71 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -6.3% — fewer choices for buyers than a year ago. **Median days on market** is 41. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 35.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 83/100 (Excellent Chance of Selling) · Pending ratio: 0.71 · Inventory YoY: -6.3% · Median days on market: 41 · Sellers cutting price: 35.3% · Median listing price: $314,075 (-0.9% YoY)