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

$354,137

AVERAGE PRICE OF 154 HOMES

$1,970,083

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$315,112

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$762,060

AVERAGE PRICE OF 15 HOMES WITH A POOL

$293,937

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $354,137
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

2 bedrooms $174,781
3 bedrooms $249,535
4 bedrooms $542,061
5 bedrooms $458,754
Monroe Home Price Trends
  9/2022 8/2022 7/2022 6/2022 5/2022
Total Listings 166 159 164 n/a n/a
Average Price $314,763 $308,830 $301,751 n/a n/a
Avg Price Change +1.92% +2.35% n/a n/a n/a
Median Price $240,789 $244,529 $240,418 n/a n/a
Med Price Change -1.55% +1.71% n/a n/a n/a
Avg Bedrooms 3.41 beds 3.34 beds 3.31 beds n/a n/a
Avg Bathrooms 2.24 baths 2.2 baths 2.18 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carroll Cy 1 $175,000 69 days
Neville Cy 58 $520,301 78 days
Ouachita O 55 $221,175 60 days
Sterlington O 12 $417,163 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 154 $354,137 70 days
Multi-Million Dollar Homes 6 $1,970,083 89 days
Newly Built Homes 14 $315,112 122 days
Homes with a Pool 15 $762,060 51 days
Reduced Price Homes 8 $293,937 67 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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