The Unshakable Investor

Unshakable ZIP Data 48161 | Monroe, MI Housing Market

Monroe · Monroe County · Monroe, MI metro · Michigan · Data updated June 19, 2026

The median sale price in ZIP 48161, Monroe, Michigan is $224,933 at $168 per square foot. 72 single-family homes sold in the latest period, up 14.4 percent from a year earlier. Homes sit a median of 34 days on market with 3.1 months of supply. Sellers are getting 99.5 percent of list price and 31.4 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$203,553
Average price per sq ft$152
Median sale price$224,933
Median sale price per sq ft$168
Median home size1,340 sq ft
Median new listing price$237,867+3.4%
National size rank4,323

Sales activity

MetricValueYear over year
Homes sold72+14.4%
Median days on market34 days
Months of supply3.1 months
New listings83-8.5%
Active listings156+10.6%
Pending sales79+5.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.5%+0.3 pts
Share sold above list31.4%+4.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$159,569
3-bedroom
$214,417
4-bedroom
$255,973
5-bedroom
$273,996

These figures describe the single-family market for Monroe, Michigan ZIP 48161. They are market context, not a substitute for sold comps or a formal appraisal.