Monroe, WI


Highest Appreciating Monroe Neighborhoods Since 2000

Monroe, WI Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Monroe Housing Market Information

With 10,796 people, 4,788 houses or apartments, and a median cost of homes of $139,528, Monroe real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Monroe, accounting for 55.33% of the city's housing units. Other types of housing that are prevalent in Monroe include large apartment complexes or high rise apartments ( 17.58%), duplexes, homes converted to apartments or other small apartment buildings ( 14.19%), and a few mobile homes or trailers ( 7.51%).

The most prevalent building size and type in Monroe are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.00% owning and 43.00% renting.

There is a lot of housing in Monroe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Monroe built between 1940-1969 ( 30.13%). A lesser amount of the housing stock also hails from before 1939 ( 22.56%). There's also some housing in Monroe built between 2000 and later ( 6.30%).

Monroe Home Appreciation Rates

Appreciation rates for homes in Monroe have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.87%, which ranks in the top 50% nationwide. This equates to an annual average Monroe house appreciation rate of 0.19%.

Appreciation rates are so strong in Monroe that despite a nationwide downturn in the housing market, Monroe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Monroe appreciation rates continue to be some of the highest in America, at 6.06%, which is higher than appreciation rates in 74.65% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Monroe. Monroe appreciation rates in the latest quarter were at 1.02%, which equates to an annual appreciation rate of 4.15%.

Relative to Wisconsin, our data show that Monroe's latest annual appreciation rate is higher than 80% of the other cities and towns in Wisconsin.

Average Home Values


Median Home Value:


Value Range
> $1,105,000 0.4
$829,001 - $1,105,000 0.0
$552,001 - $829,000 1.0
$442,001 - $552,000 0.8
$331,001 - $442,000 1.2
$221,001 - $331,000 11.0
$111,001 - $221,000 56.5
$55,001 - $111,000 23.0
$0 - $55,000 6.0

Low for WI
Average for Nation

Value Relative to Nation Value Relative to State
54.9689440993789 78.8501026694045

Number Of Homes And Apartments:

Monroe Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
24.08% 1.26% 4 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$813 / per month

Homeownership Rate

Owners 57.00
Renters 43.00
Vacant 6.39

Housing Market Details


Age of Homes

2000 or Newer 6.3
1970 - 1999 41.0
1940 - 1969 30.1
1939 or Older 22.6

Types of Homes

Single-Family 55.3
Townhomes 5.4
Small Apt. Buildings 14.2
Apt. Complexes 17.6
Mobile Homes 7.5
Other 0.0

Home Size

No Bedroom 1.29
1 Bedroom 11.50
2 Bedrooms 35.87
3 Bedrooms 39.69
4 Bedrooms 9.76
5 or more bedrooms 1.90

Popular Neighborhoods in Monroe

Zip Codes in Monroe, WI