Home Values

Town of 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

$268,000

  • 1.4% 1-year change
  • 3.2% 1-year forecast

The median home value in Town of Monroe is $268,000. Town of Monroe home values have gone up 1.4% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Town of Monroe is None.

Foreclosures will be a factor impacting home values in the next several years. In Town of Monroe 2.5 homes are foreclosed (per 10,000). This is lower than the Poughkeepsie Metro value of 7.6 and also lower 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 Town of Monroe is 12.0%, which is higher 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 Town of Monroe homeowners underwater on their mortgage is 27.0%, which is higher than Poughkeepsie Metro at 24.2%.

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Relative ZHVI
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Town of Monroe Market Overview

Data through May 31, 2015
  • $268,000 ZHVI
  • 3.2% 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
  • $285,000 Median sale price (Apr 30, 2015)
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Town of Monroe Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 27.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 12.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2.5 homes Town of Monroe
7.6 homes Poughkeepsie Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Tuxedo $331,900
Sloatsburg $265,600
Woodbury $251,800
Name Median ZHVI
Walton Park $230,900
Washingtonville $214,900
Town of Chester $212,600
Name Median ZHVI
South Blooming Grove $194,400
Greenwood Lake $187,300
Harriman $153,600

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $147 Median sale price / sq ft
  • No data Listings with price cut
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Town of Monroe Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,092 Town of Monroe
    $1,850 Poughkeepsie 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

  • 3.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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