Sep 2026
$251K
+10.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Monroe, LA housing market
Monroe, LA metro median sale price $251K in Sep 2026, up 10.0% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Monroe, LA metro is $251K as of Sep 2026, up 10.0% from a year earlier. That is the 15th-largest year-over-year gain of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a smaller change, up 2.1% through Q2 2026, 7.9 points apart; Price reconciliation below shows both.
On median sale price, Monroe ($251K) ranks 3rd of the 10 Louisiana metros Pecan Street tracks, between Baton Rouge ($272K) and Hammond ($250K). Monroe has the fewest median days on market of the 10 Louisiana metros (62 days); Alexandria (69 days) is next. On share of listings with a price cut, Monroe (34%) ranks 5th of the 10 Louisiana metros, between Slidell (34%) and Baton Rouge (32%).
Listings spent a median 62 days on market in Sep 2026, more than in most of the 385 metros. 34% of active listings carry a price cut, 3.7 points more than a year earlier. That share is lower than in most of the 385 metros. Median asking prices sit about 9% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,373 a month; at 28% of gross income, that takes about $59K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 10.4% from a year earlier. Active listings ask a median $134 per square foot, up 3.4% from a year earlier.
In four of the six ZIP codes in the table below, median list prices are higher than a year earlier; two are lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,373/mo
$59K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Monroe compares to other U.S. metros
| Home-price growth | ↑15th of 383 (top 4%) |
|---|---|
| Asking-vs-sale gap | ↑91st of 292 (top 32%) |
| Price cuts | ↓246th of 385 |
| Days on market | ↑150th of 385 (top 39%) |
| Price-to-rent | 161st of 373 (top 44%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 +10.4% YoY 161st of 373 (top 44%) |
|---|---|
| Asking price / sq ft | $134 +3.4% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 34% +3.7 pts YoY ↓246th of 385 |
|---|
The median asking price $272K runs about 9% above the median sale price $251K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 6 shown of 22 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- The FHFA house price index for the metro fell 1% from Q3 2008 to Q4 2009: the 10th-mildest bust of the 385 U.S. metros Pecan Street tracks with FHFA data; it has risen 58% since Q4 2009: the 3rd-smallest rebound of the 382 metros whose prices fell.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
red · 7.9ppRedfin (metro) +10.0% | FHFA HPI · Q2 2026 +2.1% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 71201 | $317K↑ | 43↓ | 26↑ | 14↓ | 48↓ | $217K↑ |
| 71203 | $266K↑ | 43↓ | 20↓ | 18↓ | 53↑ | $189K↑ |
| 71220 | $132K↓ | 47↓ | 14↓ | 14↓ | 69↑ | $93K↑ |
| 71269 | $359K↑ | 27↓ | 6↓ | 6↓ | 55↑ | $178K↑ |
| 71291 | $295K↑ | 43↓ | 36 | 16↓ | 45↓ | $221K↑ |
| 71292 | $261K↓ | 27↓ | 4↓ | 10↓ | 75↑ | $156K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.