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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

$314,935

AVERAGE PRICE OF 224 HOMES

$2,192,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$306,399

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$593,223

AVERAGE PRICE OF 30 HOMES WITH A POOL

$279,852

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $314,935
Avg Bedrooms 3.67 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $75,000
2 bedrooms $123,267
3 bedrooms $263,258
4 bedrooms $309,146
5 bedrooms $559,171
Monroe Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 228 227 214 239 259
Average Price $295,959 $281,359 $270,922 $302,288 $311,184
Avg Price Change +5.19% +3.85% -11.58% -2.94% -0.34%
Median Price $244,330 $237,617 $229,529 $238,144 $240,408
Med Price Change +2.83% +3.52% -3.75% -0.95% -0.07%
Avg Bedrooms 3.52 beds 3.44 beds 3.54 beds 3.79 beds 3.8 beds
Avg Bathrooms 2.56 baths 2.58 baths 2.59 baths 2.74 baths 2.74 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 70 $460,443 99 days
Total Homes Average Price Avg Days on Site
All Homes 224 $314,935 129 days
Multi-Million Dollar Homes 4 $2,192,500 38 days
Newly Built Homes 12 $306,399 224 days
Homes with a Pool 30 $593,223 82 days
Reduced Price Homes 11 $279,852 110 days

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The Harrison Lilly Team | THLT Realty
1309 Louisville Avenue
Monroe, LA 71201
318-667-8458

The information being provided is for the consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties, which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence.
Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service.
Our online database includes ALL Dallas-Fort Worth area properties listed with the North Texas MLS. Property data is courtesy of the North Texas Real Estate Information Systems (NTREIS) multiple listing service.
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