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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

$321,094

AVERAGE PRICE OF 249 HOMES

$1,917,333

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$327,178

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$883,733

AVERAGE PRICE OF 21 HOMES WITH A POOL

$369,400

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $321,094
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $85,000
2 bedrooms $183,950
3 bedrooms $230,326
4 bedrooms $444,377
5 bedrooms $570,670
Monroe Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 241 228 239 241 235
Average Price $330,441 $337,379 $338,548 $333,639 $317,236
Avg Price Change -2.10% -0.35% +1.47% +5.17% +7.94%
Median Price $255,771 $259,330 $254,048 $256,128 $251,545
Med Price Change -1.39% +2.08% -0.82% +1.82% +6.66%
Avg Bedrooms 3.41 beds 3.56 beds 3.73 beds 3.2 beds 2.9 beds
Avg Bathrooms 2.28 baths 2.24 baths 2.44 baths 2.08 baths 1.9 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 85 $435,459 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 249 $321,094 103 days
Multi-Million Dollar Homes 6 $1,917,333 222 days
Newly Built Homes 23 $327,178 172 days
Homes with a Pool 21 $883,733 140 days
Reduced Price Homes 11 $369,400 46 days