Home Values

Monroe 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

$145,500

  • -1.8% 1-year change
  • 0.9% 1-year forecast

The median home value in Monroe is $145,500. Monroe home values have declined -1.8% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Monroe is None. The median rent price in Monroe is $1,300, which is higher than the Cincinnati Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Monroe 5.7 homes are foreclosed (per 10,000). This is greater than the Cincinnati Metro value of 3.6 and also greater than the national value of 3.5

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 is 2.6%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Monroe homeowners underwater on their mortgage is 31.1%, which is higher than Cincinnati Metro at 16.9%.

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Relative ZHVI
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Monroe Market Overview

Data through May 31, 2015
  • $145,500 ZHVI
  • 0.9% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Monroe Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 31.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 2.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5.7 homes(Apr 30, 2015) Monroe
3.6 homes Cincinnati Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Mason $218,700
West Chester $185,900
Lebanon $154,400
Name Median ZHVI
South Lebanon $123,300
Hunter $120,300
Carlisle $114,400
Name Median ZHVI
Trenton $113,900
Franklin $100,200
Middletown $73,600

Listings & Sales

  • No data
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Monroe Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,367 Monroe
    $1,255 Cincinnati Metro
    $1,367 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,300 Rent list price
  • $0.82 Rent list price / sq ft
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