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Cheap Homes in Monroe, GA

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Monroe, GA Foreclosures

Current Market Conditions in in Monroe, GA As of January 2026?
Over the past month, Monroe's real estate market has shown a slight uptick in home prices, reflecting continued buyer interest amidst a low inventory of available homes. The average time properties are on the market has decreased, making it crucial for prospective buyers to act quickly. Despite rising prices, the area's appealing environment and amenities keep attracting homebuyers.
How much do homes sell for in Monroe, GA?
The average home price is currently $414,234.
What’s the average rental cost in Monroe, GA?
The average rental price in Monroe is $1,183.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $17,962,512.
What is currently the cheapest priced home in Monroe, GA?
The cheapest home for sale in Monroe is priced at $10,600.

Living in Monroe, GA

Monroe, GA, is a picturesque city with a vibrant community spirit, known for its historic charm and closeness to nature. It boasts excellent schools, ample shopping options, and numerous parks for outdoor activities, making it an ideal place for families and nature lovers.

Buyer vs Seller Market in Monroe, GA

The Monroe real estate market has been experiencing steady growth due to increasing demand and a limited supply of homes. This trend has led to appreciated property values, making it a competitive market for buyers. In recent months, homes in Monroe have been selling quickly, often above asking price, indicating a strong demand.

Home Value Estimator For Monroe, GA

There are currently 18,097 real estate properties in Monroe, GA, with a median automated valuation model (AVM) price of $346,376.00. 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, GA, 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, GA, is $414,234.00, with the most expensive house in Monroe, GA, topping out at $17,962,512.00 and the cheapest home in Monroe, GA, clocking in at $10,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, GA!

Rent Prices In Monroe, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, GA, is on a rollercoaster ride. The average rent price in Monroe, GA, is $1,183.00. Indeed, when looking to rent in Monroe, GA, you can expect to pay as little as $500.00 or as much as $3,600.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Monroe, GA -- 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.

Cheap Homes in Monroe, GA

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