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Foreclosure Homes in Monroe, CT

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Monroe, CT Foreclosures

How much do homes sell for in Monroe, CT?
The average home price is currently $606,753.
In Monroe, CT, how many homes are available?
There are currently 16 active home listings available in Monroe.
What’s the average rental cost in Monroe, CT?
The average rental price in Monroe is $2,475.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $9,966,101.
What is currently the cheapest priced home in Monroe, CT?
The cheapest home for sale in Monroe is priced at $18,863.

Living in Monroe, CT

Monroe, CT is a charming suburban town that boasts a family-friendly environment with great schools, beautiful parks, and convenient access to shopping and dining. The town's community spirit shines through various local events and activities, honoring its strong educational values and resident engagement.

Current Market Conditions in Monroe, CT

The real estate market in Monroe is currently exhibiting stable growth, with property values appreciating moderately each year. Investors can find opportunities in both single-family homes and townhouses with a solid return on investment due to consistent demand from buyers looking for family-oriented neighborhoods.

Vacancy rates in Monroe remain low, indicating a healthy rental market. The town's attractiveness to families and those seeking suburban living has contributed to a competitive edge in property leasing, making it a favorable environment for real estate investors.

Home Value Estimator For Monroe, CT

There are currently 6,979 real estate properties in Monroe, CT, with a median automated valuation model (AVM) price of $586,044.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monroe, CT, is $606,753.00, with the most expensive house in Monroe, CT, topping out at $9,966,101.00 and the cheapest home in Monroe, CT, clocking in at $18,863.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, CT!

Rent Prices In Monroe, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, CT, is on a rollercoaster ride. The average rent price in Monroe, CT, is $2,475.00. Indeed, when looking to rent in Monroe, CT, you can expect to pay as little as $1,310.00 or as much as $4,870.00, with the average rent median estimated to be $2,510.00. The good news is that finding an affordable and desirable property to rent in Monroe, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monroe, CT Foreclosures


Market Trend for Monroe, CT

Total Listings Available: 16

Market Values:

Home Prices from $18,863 to $9,966,101

Average Sales Price: $606,753

Rental Values:

Rental from $1,310 to $4,870

Average Rent Value: $2,475 / month

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