Home Values

Monroe Metro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$134,700

  • 9.6% 1-year change
  • 3.4% 1-year forecast

The median home value in Monroe Metro is $134,700. Monroe Metro home values have gone up 9.6% over the past year and Zillow predicts they will rise 3.4% within the next year. The median rent price in Monroe Metro is $774, which is lower than the Michigan median of $925.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Monroe Metro is 2.2%, which is lower than the national value of 6.3%.

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Relative ZHVI
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Monroe Metro Market Overview

Data through Apr 30, 2015
  • $134,700 ZHVI
  • 3.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Monroe Metro Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • 123 Average days on Zillow (Mar 31, 2015)
  • No data Homes with negative equity (16.9% US Avg)
  • 2.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Monroe Metro

Name Median ZHVI
Ottawa Lake $149,800
Lambertville $147,000
Petersburg $141,300
Name Median ZHVI
Temperance $139,200
Berlin Township $135,800
Dundee $122,800
Name Median ZHVI
Frenchtown Township $104,300
Monroe Township $93,900
West Monroe $66,200

Listings & Sales

  • No data
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Monroe Metro Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,153 Monroe Metro
    $1,012 Michigan
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $774 Rent list price
  • $0.74 Rent list price / sq ft
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