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

$319,942

AVERAGE PRICE OF 160 HOMES

$1,194,100

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$315,112

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$427,093

AVERAGE PRICE OF 16 HOMES WITH A POOL

$300,383

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $319,942
Avg Bedrooms 3.43 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

2 bedrooms $194,550
3 bedrooms $244,291
4 bedrooms $413,494
5 bedrooms $477,023
Monroe Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 159 164 n/a n/a n/a
Average Price $308,830 $301,751 n/a n/a n/a
Avg Price Change +2.35% n/a n/a n/a n/a
Median Price $244,529 $240,418 n/a n/a n/a
Med Price Change +1.71% n/a n/a n/a n/a
Avg Bedrooms 3.34 beds 3.31 beds n/a n/a n/a
Avg Bathrooms 2.2 baths 2.18 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carroll Cy 1 $175,000 65 days
Neville Cy 57 $437,703 80 days
Ouachita O 56 $221,594 59 days
Sterlington O 13 $407,766 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 160 $319,942 71 days
Multi-Million Dollar Homes 5 $1,194,100 102 days
Newly Built Homes 14 $315,112 118 days
Homes with a Pool 16 $427,093 61 days
Reduced Price Homes 6 $300,383 71 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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