Monroe, MI 48162 Real Estate & Property Data

Monroe, MI 48162 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 466 residential properties have been sold over the past 12 months in 48162. With a median sales price of $227,500 in 48162 and a total of 2 foreclosures in Monroe, MI 48162. Discover market trends and get the granular level real estate data for Monroe, MI 48162 to keep your pulse on the housing market. Curate compelling home reports for Monroe, MI 48162 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Monroe, MI 48162 Real Estate Market Trends
Total Residential Properties 9,895
Total Commercial Properties 742
Avg. Home Age (Single Family Home) 67 Years
Avg. Square Feet (Single Family Home) 1,482
Total 2024 Residential Sales (year-to-date) 59
% of Homes Seriously Underwater (Q2 2024) 1.01%
Total 2023 Residential Sales 444
% of Equity Rich Homes (Q2 2024) 33.45%
Effective 2023 Property Tax 1.14%
Total Foreclosure Filings (year-to-date) 5
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Monroe, MI 48162 Real Estate Overview

There were 466 residential properties sold in the past year in Monroe, MI 48162. The median home value in Monroe, MI 48162 is $203,724. There are a total of 9,895 residential properties in the 48162.

Median Sales Price i
$227,500
(Feb 2024)
+26.4%
year-over-year
y-o-y
  • February '24 Feb '24 $227,500
  • January '24 Jan '24 $197,500
  • December '23 Dec '23 $189,900
  • November '23 Nov '23 $189,500
  • October '23 Oct '23 $200,000
  • September '23 Sep '23 $206,000
  • August '23 Aug '23 $199,000
  • July '23 Jul '23 $210,000
  • June '23 Jun '23 $187,500
  • May '23 May '23 $230,500
  • April '23 Apr '23 $191,500
  • March '23 Mar '23 $180,000
Median Down Payment i
$40,500
(Feb 2024)
+202.2%
year-over-year
y-o-y
  • February '24 Feb '24 $40,500
  • January '24 Jan '24 $6,119
  • December '23 Dec '23 $22,115
  • November '23 Nov '23 $13,550
  • October '23 Oct '23 $17,500
  • September '23 Sep '23 $6,405
  • August '23 Aug '23 $5,910
  • July '23 Jul '23 $26,250
  • June '23 Jun '23 $10,600
  • May '23 May '23 $24,575
  • April '23 Apr '23 $10,325
  • March '23 Mar '23 $10,000
Number of Homes Sold i
29
(Feb 2024)
+31.8%
year-over-year
y-o-y
  • February '24 Feb '24 29
  • January '24 Jan '24 30
  • December '23 Dec '23 41
  • November '23 Nov '23 44
  • October '23 Oct '23 47
  • September '23 Sep '23 39
  • August '23 Aug '23 49
  • July '23 Jul '23 37
  • June '23 Jun '23 34
  • May '23 May '23 28
  • April '23 Apr '23 29
  • March '23 Mar '23 37
Number of Purchase Loans i
26
(Feb 2024)
+62.5%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 22
  • December '23 Dec '23 26
  • November '23 Nov '23 33
  • October '23 Oct '23 39
  • September '23 Sep '23 30
  • August '23 Aug '23 35
  • July '23 Jul '23 27
  • June '23 Jun '23 29
  • May '23 May '23 16
  • April '23 Apr '23 20
  • March '23 Mar '23 27
Number of REFI Loans i
17
(Feb 2024)
+30.8%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 29
  • December '23 Dec '23 18
  • November '23 Nov '23 22
  • October '23 Oct '23 23
  • September '23 Sep '23 14
  • August '23 Aug '23 27
  • July '23 Jul '23 26
  • June '23 Jun '23 21
  • May '23 May '23 26
  • April '23 Apr '23 26
  • March '23 Mar '23 22
Number of HELOC Loans i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 7
  • December '23 Dec '23 7
  • November '23 Nov '23 10
  • October '23 Oct '23 18
  • September '23 Sep '23 2
  • August '23 Aug '23 10
  • July '23 Jul '23 9
  • June '23 Jun '23 7
  • May '23 May '23 13
  • April '23 Apr '23 12
  • March '23 Mar '23 9

Monroe, MI 48162 Foreclosure Activity

There were a total of 2 Monroe, MI 48162 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 6
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 5
  • August '23 Aug '23 6
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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