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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

$287,895

AVERAGE PRICE OF 228 HOMES

$2,062,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$273,919

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$592,023

AVERAGE PRICE OF 21 HOMES WITH A POOL

$184,812

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $287,895
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $100,000
2 bedrooms $125,575
3 bedrooms $209,043
4 bedrooms $398,357
5 bedrooms $418,231
Monroe Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 214 237 257 256 246
Average Price $270,922 $302,814 $311,738 $312,630 $318,386
Avg Price Change -11.77% -2.95% -0.29% -1.84% -4.14%
Median Price $229,529 $238,129 $240,412 $240,689 $245,893
Med Price Change -3.75% -0.96% -0.12% -2.16% -4.23%
Avg Bedrooms 3.54 beds 3.69 beds 3.7 beds 3.39 beds 3.4 beds
Avg Bathrooms 2.59 baths 2.61 baths 2.62 baths 2.21 baths 2.2 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 64 $408,418 131 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 228 $287,895 115 days
Multi-Million Dollar Homes 4 $2,062,500 136 days
Newly Built Homes 10 $273,919 220 days
Homes with a Pool 21 $592,023 99 days
Reduced Price Homes 8 $184,812 104 days

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