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Foreclosure Homes in Monroe, NC 28110

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Monroe, NC Foreclosures

How much do homes sell for in Monroe, NC?
The average home price is currently $427,785.
In Monroe, NC, how many homes are available?
There are currently 67 active home listings available in Monroe.
What’s the average rental cost in Monroe, NC?
The average rental price in Monroe is $1,282.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $38,987,212.
What is currently the cheapest priced home in Monroe, NC?
The cheapest home for sale in Monroe is priced at $11,905.

Living in Monroe, NC

Monroe, NC is a charming city with a strong sense of community, excellent schools, and a vibrant downtown. It provides a welcoming small-town feel with easy access to the amenities of nearby Charlotte. Perfect for families and retirees alike, Monroe offers a variety of outdoor activities and recreational facilities.

Current Market Conditions in Monroe, NC

The real estate market in Monroe is currently experiencing growth, with a steady increase in home values and an influx of new residents attracted to the area's affordability and quality of life. The demand for housing remains strong, making it a promising market for real estate investors.

As new developments continue to rise and local amenities expand, Monroe's housing market is anticipated to remain robust. Investors can capitalize on rising property values while contributing to the area's growth and development.

Home Value Estimator For Monroe, NC

There are currently 28,948 real estate properties in Monroe, NC, with a median automated valuation model (AVM) price of $361,912.00. 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, NC, 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, NC, is $427,785.00, with the most expensive house in Monroe, NC, topping out at $38,987,212.00 and the cheapest home in Monroe, NC, clocking in at $11,905.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, NC!

Rent Prices In Monroe, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, NC, is on a rollercoaster ride. The average rent price in Monroe, NC, is $1,282.00. Indeed, when looking to rent in Monroe, NC, you can expect to pay as little as $580.00 or as much as $3,540.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Monroe, NC -- 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, NC 28110 Foreclosures

Market Trend for Monroe, NC

Total Listings Available: 67

Market Values:

Home Prices from $11,905 to $38,987,212

Average Sales Price: $427,785

Rental Values:

Rental from $580 to $3,540

Average Rent Value: $1,282 / month

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