Real Estate Price Maphome prices by county

Monroe County, MI home prices

Monroe County, MI: the typical home is worth $269,118 as of 2026-05, up +6.8% over the past year and +83.2% since 2000. Listings run about $191/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Monroe County is accelerating and fairly valued — very affordable for what people here earn.

Momentum+6.8%Heating up
Valuation+2%Fair value
Affordability9/10Very affordable
Market39 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1976: $42,062 → 2026: $269,118 (6.4×) pre-2000 estimated via FHFA index

Typical value$269,1182026-05
1-year+6.8%
5-year+27.8%
10-year+70.2%
Since 2000+83.2%
Population156k2024
Median income$73,6172023 · 3.7× income
Median rent$1,211/mo2026 · 5.4% gross yield
New homes/yr2372024
Price / sq ft$191listings
Days on market392026-06
Active listings2352026-06
Price cuts16%of listings

Market read

At $269,118, homes in Monroe County sit 18% above the Michigan median ($228,626) and 15% above the US median ($233,954). That ranks #22 of 83 Michigan counties by price.

Prices are climbing fast (+6.8% in the last year) — a seller's market.

Homes here move at a steady pace — a median 39 days on the market, with 16% of listings cutting their asking price.

At 3.7× local income, that's more affordable than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$1,328/mo to buy (P&I, 20% down) vs $1,211/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Lucas County, OH ($178,791) · Wayne County, MI ($178,713) · Washtenaw County, MI ($422,941) · Lenawee County, MI ($244,162) · Ottawa County, OH ($272,697) · Wood County, OH ($243,172)

Frequently asked questions

What is the average home price in Monroe County, MI?
The typical home in Monroe County is worth $269,118 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Monroe County rising or falling?
Prices are up +6.8% over the past year and +83.2% since 2000 — a seller's market.
Is Monroe County affordable?
At 3.7× the local median income of $73,617, Monroe County is more affordable than the typical US county.
What is the rental yield in Monroe County?
Median rent is $1,211/mo — a gross rental yield of 5.4% on the typical home.
How fast do homes sell in Monroe County?
Homes here take a median of 39 days to sell, with 16% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$146,921
2001$156,655
2002$160,807
2003$167,401
2004$172,185
2005$179,329
2006$183,622
2007$178,853
2008$158,529
2009$133,182
2010$120,836
2011$135,698
2012$118,196
2013$121,446
2014$132,809
2015$145,196
2016$156,519
2017$161,535
2018$168,816
2019$178,069
2020$184,029
2021$202,465
2022$215,741
2023$227,993
2024$240,429
2025$248,986
2026$264,377