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

$312,747

AVERAGE PRICE OF 150 HOMES

$3,472,750

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$270,638

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$1,101,625

AVERAGE PRICE OF 8 HOMES WITH A POOL

$222,687

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $312,747
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

2 bedrooms $188,356
3 bedrooms $215,938
4 bedrooms $471,687
5 bedrooms $337,786
Monroe Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 141 147 155 153 166
Average Price $327,633 $328,548 $331,597 $344,011 $314,763
Avg Price Change -0.28% -0.93% -3.74% +9.29% +1.92%
Median Price $233,917 $231,106 $230,531 $237,648 $240,789
Med Price Change +1.22% +0.25% -3.09% -1.32% -1.55%
Avg Bedrooms 3.48 beds 3.44 beds 3.42 beds 3.43 beds 3.41 beds
Avg Bathrooms 2.23 baths 2.21 baths 2.19 baths 2.21 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 51 $441,905 97 days
Ouachita O 47 $208,657 90 days
Richwood High 2 $116,000 54 days
Sterlington O 15 $438,973 107 days
Wossman Cy 3 $70,300 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 150 $312,747 88 days
Multi-Million Dollar Homes 2 $3,472,750 151 days
Newly Built Homes 11 $270,638 140 days
Homes with a Pool 8 $1,101,625 108 days
Reduced Price Homes 8 $222,687 88 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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.
This site powered by CINC: www.cincpro.com