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Monroe

Why you'd want to live in Monroe

Monroe is located along the Ouachita River and is the parish seat for Ouachita Parish. It's the primary distribution base for the region's farmers. According to National Geographic, the Ouachita River is one of the most beautiful rivers in the entire world. The region is known as "Sportsman's Paradise," and is the location of the first Coca Cola bottling plant. History Before the Louisiana Purchase was completed, the Monroe area was a prominent trading center. In 1780 the French arrived and created a settlement named Prairie de Canots. Jean Baptiste Filhoil was selected by the Spanish Crown to be in charge of the region and in 1790 Filhoil constructed a prominent fort. Soon, agriculture was thriving and was a primary industry. In 1915 natural gas was discovered in Ouachita Parish and it became a significant factor for the economy. During the 1920's the paper industry was flourishing.

Monroe Market Report

$322,508

AVERAGE PRICE OF 237 HOMES

$65,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,773,429

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$326,340

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$606,403

AVERAGE PRICE OF 33 HOMES WITH A POOL

$332,333

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $322,508
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $75,000
2 bedrooms $130,050
3 bedrooms $258,766
4 bedrooms $408,723
5 bedrooms $616,813
Monroe Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 229 227 225 212 237
Average Price $315,005 $296,502 $282,498 $271,794 $302,814
Avg Price Change +6.24% +4.96% +3.94% -11.41% -2.95%
Median Price $250,663 $244,646 $238,367 $229,879 $238,129
Med Price Change +2.46% +2.63% +3.69% -3.59% -0.96%
Avg Bedrooms 3.35 beds 3.33 beds 3.39 beds 3.41 beds 3.69 beds
Avg Bathrooms 2.13 baths 2.11 baths 2.15 baths 2.17 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 79 $466,566 91 days
Total Homes Average Price Avg Days on Site
All Homes 237 $322,508 100 days
Distressed Homes 1 $65,000 11 days
Multi-Million Dollar Homes 7 $1,773,429 66 days
Newly Built Homes 11 $326,340 155 days
Homes with a Pool 33 $606,403 88 days
Reduced Price Homes 6 $332,333 151 days