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Monroe

Why you'd want to live in Monroe

Monroe is located along the Ouachita River and is the parish seat for Ouachita Parish. It's the primary distribution base for the region's farmers. According to National Geographic, the Ouachita River is one of the most beautiful rivers in the entire world. The region is known as "Sportsman's Paradise," and is the location of the first Coca Cola bottling plant. History Before the Louisiana Purchase was completed, the Monroe area was a prominent trading center. In 1780 the French arrived and created a settlement named Prairie de Canots. Jean Baptiste Filhoil was selected by the Spanish Crown to be in charge of the region and in 1790 Filhoil constructed a prominent fort. Soon, agriculture was thriving and was a primary industry. In 1915 natural gas was discovered in Ouachita Parish and it became a significant factor for the economy. During the 1920's the paper industry was flourishing.

Monroe Market Report

$306,723

AVERAGE PRICE OF 247 HOMES

$1,774,286

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$291,544

AVERAGE PRICE OF 19 NEWLY BUILT HOMES

$688,753

AVERAGE PRICE OF 26 HOMES WITH A POOL

$310,300

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $306,723
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $100,000
2 bedrooms $141,767
3 bedrooms $230,773
4 bedrooms $405,867
5 bedrooms $527,662
Monroe Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 257 257 248 241 228
Average Price $311,738 $312,230 $317,479 $330,441 $337,379
Avg Price Change -0.16% -1.68% -4.08% -2.10% -0.35%
Median Price $240,412 $240,569 $245,571 $255,771 $259,330
Med Price Change -0.07% -2.08% -4.15% -1.39% +2.08%
Avg Bedrooms 3.7 beds 3.47 beds 3.45 beds 3.41 beds 3.56 beds
Avg Bathrooms 2.62 baths 2.38 baths 2.35 baths 2.28 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 79 $399,649 122 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 247 $306,723 122 days
Multi-Million Dollar Homes 7 $1,774,286 218 days
Newly Built Homes 19 $291,544 186 days
Homes with a Pool 26 $688,753 137 days
Reduced Price Homes 5 $310,300 48 days