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Foreclosures in Monroe, IA

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Monroe, IA Foreclosures

Current Market Conditions in in Monroe, IA As of March 2026?
In the last month, Monroe's real estate market has experienced a relative increase in inventory, with a few more homes being listed than in previous months. Buyers are becoming more active as the warmer weather approaches, leading to increased showings and sales activity. The average home price has seen a modest rise, but remains competitive, maintaining Monroe’s appeal as an affordable location.
How much do homes sell for in Monroe, IA?
The average home price is currently $274,283.
In Monroe, IA, how many homes are available?
There are currently 14 active home listings available in Monroe.
What’s the average rental cost in Monroe, IA?
The average rental price in Monroe is $1,420.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $1,577,338.
What is currently the cheapest priced home in Monroe, IA?
The cheapest home for sale in Monroe is priced at $30,419.

Living in Monroe, IA

Monroe, Iowa is a quaint town that combines a close-knit community with convenient access to amenities and recreational facilities. With its family-friendly atmosphere, residents enjoy a peaceful suburban lifestyle while having access to quality schools and outdoor activities. The town’s parks and community events contribute to a vibrant local culture.

Buyer vs Seller Market in Monroe, IA

The real estate market in Monroe, IA has remained stable, with a steady demand for single-family homes, particularly among families. The town’s appeal lies in its affordability and community vibe, attracting both first-time home buyers and those looking to downsize.

Several trends have emerged, with more buyers showing interest in homes located close to parks and recreational activities. The local market is seeing an influx of listings as homeowners seek to capitalize on the ongoing demand for housing within the area.

Home Value Estimator For Monroe, IA

There are currently 1,431 real estate properties in Monroe, IA, with a median automated valuation model (AVM) price of $244,147.00. 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, IA, 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, IA, is $274,283.00, with the most expensive house in Monroe, IA, topping out at $1,577,338.00 and the cheapest home in Monroe, IA, clocking in at $30,419.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, IA!

Rent Prices In Monroe, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, IA, is on a rollercoaster ride. The average rent price in Monroe, IA, is $1,420.00. Indeed, when looking to rent in Monroe, IA, you can expect to pay as little as $890.00 or as much as $2,000.00, with the average rent median estimated to be $1,410.00. The good news is that finding an affordable and desirable property to rent in Monroe, IA -- 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, IA Foreclosures

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