Maurice Barnes' Market Report

Monroe, NC

Single-Family Homes

Keller Williams Realty | 704-610-4112 | maurice.barnes@kw.com



Monroe, NC

Thu May 22 2025
This week the median list price for Monroe, NC is $492,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 219. Click here to stay informed with the Monroe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Monroe, NC

Thu May 22 2025
This week the median list price for Monroe, NC is $492,500 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has increased to 219. Click here to stay informed with the Monroe market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Monroe market.
Median List Price $492,500
Median Price of New Listings $479,000
Per Square Foot $211
Average Days on Market 87
Median Days on Market 49
Price Decreased 50%
Price Increased 5%
Relisted 6%
Inventory 219
Median Rent
Market Action 39
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$699,995 2,771 1 - 2.5 acres 4 3 18 6 5 45
$544,900 2,571 0.5 - 1 acre 4 2.5 3 5 7 42
$449,000 2,458 8,000 - 10,000 sqft 4 2.5 2 5 8 56
$374,900 1,686 0.25 - 0.5 acre 3 2 29 7 8 49