Monroe, NJ Foreclosures
Current Market Conditions in in Monroe, NJ As of January 2026?
In the past month, the Monroe real estate market has seen an uptick in sales activity, with several homes going under contract within days of being listed. This sudden increase in buyer interest suggests a renewed confidence in the local market, likely fueled by lower interest rates and the appeal of suburban living post-pandemic. The average home price has also shown slight appreciation, indicating a steady upward trend as competition among buyers becomes more significant.
How much do homes sell for in Monroe, NJ?
The average home price is currently $689,275.
In Monroe, NJ, how many homes are available?
There are currently 63 active home listings available in Monroe.
What’s the average rental cost in Monroe, NJ?
The average rental price in Monroe is $2,387.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $4,695,979.
What is currently the cheapest priced home in Monroe, NJ?
The cheapest home for sale in Monroe is priced at $79,000.
Living in Monroe, NJ
Monroe Township is a charming suburban community located in Middlesex County, New Jersey. Known for its family-friendly atmosphere, Monroe offers a variety of amenities, parks, and recreational activities. Residents enjoy a mix of quiet suburban living with easy access to major highways and cities, making it an attractive place for families and retirees alike.
Buyer vs Seller Market in Monroe, NJ
The real estate market in Monroe, NJ, remains strong with home prices steadily increasing over the past year. The demand for homes in this desirable township is fueled by its reputation for excellent schools, family-friendly environment, and abundant amenities. As more buyers continue to seek suburban living options, Monroe has attracted interest from both first-time homebuyers and retirees looking to downsize.
The competition in the housing market is reflected in the declining days on market, with homes selling faster than in previous years. This trend indicates a thriving market where buyers need to act quickly to secure their desired property. Furthermore, new construction is on the rise, providing more options for buyers looking for modern amenities and sustainable living.
Home Value Estimator For Monroe, NJ
There are currently 1,273 real estate properties
in Monroe, NJ,
with a median automated valuation model (AVM) price
of $698,387.00. 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, NJ, 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, NJ,
is $689,275.00, with the most expensive house
in Monroe, NJ, topping out
at $4,695,979.00 and the cheapest home
in Monroe, NJ,
clocking in at $79,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monroe, NJ!
Rent Prices
In Monroe, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monroe, NJ, is on
a rollercoaster ride. The
average rent price in Monroe, NJ,
is $2,387.00. Indeed, when looking to rent in
Monroe, NJ, you can expect to pay as little
as $980.00 or as much
as $4,680.00,
with the average rent median estimated to
be $2,540.00. The good news is that finding
an affordable and desirable property to rent in Monroe, NJ
-- 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.
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