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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

$298,929

AVERAGE PRICE OF 227 HOMES

$2,062,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$296,704

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$547,604

AVERAGE PRICE OF 23 HOMES WITH A POOL

$357,300

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $298,929
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.55 baths

Average Price by Bedrooms

1 bedroom $79,900
2 bedrooms $171,932
3 bedrooms $173,594
4 bedrooms $312,692
5 bedrooms $446,098
Monroe Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 227 214 237 257 256
Average Price $281,359 $270,922 $302,814 $311,738 $312,630
Avg Price Change +3.85% -11.77% -2.95% -0.29% -1.84%
Median Price $237,617 $229,529 $238,129 $240,412 $240,689
Med Price Change +3.52% -3.75% -0.96% -0.12% -2.16%
Avg Bedrooms 3.44 beds 3.54 beds 3.69 beds 3.7 beds 3.39 beds
Avg Bathrooms 2.58 baths 2.59 baths 2.61 baths 2.62 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Louisiana 1 $108,000 74 days
Neville Cy 78 $412,349 104 days
Total Homes Average Price Avg Days on Site
All Homes 227 $298,929 103 days
Multi-Million Dollar Homes 4 $2,062,500 53 days
Newly Built Homes 11 $296,704 222 days
Homes with a Pool 23 $547,604 94 days
Reduced Price Homes 7 $357,300 92 days

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