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

$259,121

AVERAGE PRICE OF 215 HOMES

$1,150,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$265,610

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$577,112

AVERAGE PRICE OF 8 HOMES WITH A POOL

$201,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $259,121
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

2 bedrooms $120,820
3 bedrooms $211,936
4 bedrooms $342,287
5 bedrooms $387,789
Monroe Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 202 204 209 211 n/a
Average Price $256,054 $257,642 $264,504 $265,907 n/a
Avg Price Change -0.62% -2.66% -0.53% n/a n/a
Median Price $225,810 $223,610 $221,765 $220,786 n/a
Med Price Change +0.98% +0.83% +0.44% n/a n/a
Avg Bedrooms 3.39 beds 3.41 beds 3.42 beds 3.46 beds n/a
Avg Bathrooms 2.24 baths 2.26 baths 2.26 baths 2.24 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 65 $314,001 103 days
Ouachita O 75 $217,138 65 days
Richardson O 1 $127,500 98 days
Richwood High 5 $137,100 42 days
Sterlington O 32 $364,016 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 215 $259,121 82 days
Multi-Million Dollar Homes 1 $1,150,000 2 days
Newly Built Homes 14 $265,610 77 days
Homes with a Pool 8 $577,112 112 days
Reduced Price Homes 3 $201,000 28 days