Question 1

What is the median home price in Monroe, Utah in 2026?

Accepted Answer

As of November 2026, the median home price in Monroe, Utah is $395,000, which is 24.0% below the Utah state median of $520,000. Home prices in Monroe range from $299,950 to $1,200,000, with an average sale price of $491,196. These figures are based on recent closed transactions in the Monroe real estate market.

Question 2

Is Monroe, Utah a buyer's or seller's market?

Accepted Answer

Monroe, Utah is currently a buyer's market. Key indicators include an average sale-to-list price ratio of 97.6% and homes spending an average of 90 days on the market. Monroe’s median home price is roughly 24% lower than the Utah average and homes stay on market about 29% longer, reflecting a more affordable but slower‑moving market.

Question 3

How long do homes stay on the market in Monroe?

Accepted Answer

Homes in Monroe, Utah spend an average of 90 days on the market before going under contract compared to the Utah state average of 70 days (29.3% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Monroe, Utah?

Accepted Answer

As of November 2026, there are 19 active homes for sale in Monroe, Utah with 13 new listings added recently. In the most recent reporting period, 11 transactions closed in Monroe. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Monroe, Utah?

Accepted Answer

Yes — Monroe currently has 13 new listings recently added to the market, with prices starting from $299,950. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Monroe is $395,000.

Question 6

How does Monroe compare to the Utah state average?

Accepted Answer

Monroe home prices are 24.0% below the Utah state median of $520,000, with a local median of $395,000. Homes sell slower than the state average — 90 days in Monroe vs 70 days statewide (29.3% above average). The sale-to-list ratio is 97.6% locally vs 98.5% statewide.

Question 7

Are homes in Monroe more expensive than the Utah average?

Accepted Answer

No, homes in Monroe are more affordable than the Utah state average. The median home price in Monroe is $395,000, compared to the statewide median of $520,000 — a difference of $125,000 (-24.0%). This makes Monroe an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in Monroe than the rest of Utah?

Accepted Answer

No, homes in Monroe take longer to sell than the Utah average. The average days on market in Monroe is 90 days, compared to 70 days statewide (29.3% above average). Buyers in Monroe have more time to evaluate listings and negotiate, which can work in their favor. Overall, Monroe is currently a buyer's market.

Question 9

How have home prices changed in Monroe over the past year?

Accepted Answer

Home prices in Monroe, Utah have decreased by 6.7% over the past year. The median sale price went from $450,000 to $420,000. This decline may signal a shifting market that favors buyers. Check the Monroe market trends section above for detailed charts.

Question 10

Is the Monroe housing market heating up or cooling down?

Accepted Answer

The Monroe housing market is currently showing mixed signals, with prices down 6.7% year-over-year and days on market increasing by 176.1%. Overall, it is a buyer's market. Monroe’s median home price is roughly 24% lower than the Utah average and homes stay on market about 29% longer, reflecting a more affordable but slower‑moving market. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Monroe home prices this time last year?

Accepted Answer

In October 2025, the median home sale price in Monroe, Utah was $450,000. Today, the median is $420,000, representing a change of -6.7% ($30,000 decrease). During that same period, the average days on market went from 80 to 221 days.

Question 12

What is the current market outlook for Monroe, Utah?

Accepted Answer

Monroe’s housing market remains notably more affordable than the broader Utah market, with a median closed price of $395,000 versus the state median of $520,000. Prices are beginning to rebound, up 6.3% from the prior month, yet they are still 12.2% lower year‑over‑year. Buyers benefit from a high sale‑to‑list ratio of 97.6%, but the trade‑off is a longer selling cycle—properties linger for about 90 days, roughly 29% longer than the state average, reflecting the dampening effect of rising borrowing costs.

Over the past six months, the 30‑year mortgage rate has risen from 6.41% to 7.34%, and the 15‑year rate has similarly climbed, while the Fed Funds rate has edged up modestly. Unemployment remains stable (Utah 3.6%, national ~4.2%), but real‑estate sentiment has slipped (state RE composite down to 45, Utah RE sentiment to 58). These macro trends, combined with regional concerns such as water scarcity, wildfire risk, and statewide housing‑affordability debates, suggest a cooling environment for Monroe buyers. While affordability is attractive, the higher financing costs and slower market pace mean prospective purchasers should act decisively but prudently. Monroe is currently a buyer's market. Monroe’s median home price is roughly 24% lower than the Utah average and homes stay on market about 29% longer, reflecting a more affordable but slower‑moving market.

Question 13

What are the key highlights of the Monroe housing market?

Accepted Answer

Key highlights of the Monroe, Utah housing market include: Median price rose 6.3% month‑over‑month, signaling modest price momentum despite a 12.2% YoY decline.. Days on market increased to 90 days, well above the state average of 70, indicating reduced buyer urgency.. Sale‑to‑list ratio remains strong at 97.6%, showing sellers can still achieve near‑list prices.. Mortgage rates have climbed sharply (30‑year up from 6.41% to 7.34% over six months), pressuring affordability.. Inventory is thin: only 19 active single‑family listings versus 13 new listings in the past three months.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Monroe, Utah?

Accepted Answer

Homes in Monroe, Utah range from $299,950 to $1,200,000, with a median price of $395,000. The standard deviation is $242,826, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What are the best schools in Monroe, Utah?

Accepted Answer

Monroe has 3 schools. The top-rated schools based on state performance scores include: South Sevier High (63.2% score), 394 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Monroe schools and nearby homes for sale on Propaired.

Question 16

How do Monroe schools compare to the state average?

Accepted Answer

Of the 3 schools in Monroe, 1 (33%) are rated as high-performing and 0 have strong academics indicators. Families should research individual school ratings on our Monroe schools page for detailed performance breakdowns.

Question 17

What is the internet quality in Monroe, Utah?

Accepted Answer

Monroe has an average broadband download speed of 1441 Mbps and 71% of homes have access to fiber internet. Top internet providers include InfoWest, CentraCom. This is above average for Utah, supporting remote work and streaming. Residents have an average of 7.9 provider options.

Question 18

What is the price per square foot in Monroe?

Accepted Answer

The median price per square foot in Monroe, Utah is $211. The average home size is 2,229 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 19

Is now a good time to buy a home in Monroe, Utah?

Accepted Answer

The 30-year mortgage rate is currently 7.34% and Utah's unemployment rate is 3.6%. Monroe is currently a buyer's market. Prices are stabilizing at 6.7% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 20

When is the best time to buy a home in Monroe?

Accepted Answer

Historically, June offers the most new listings in Monroe, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Homes for Sale in Monroe, Utah

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Internet & Connectivity in Monroe

K-8 & Elementary Schools

Monroe School

South Sevier Middle

High Schools

South Sevier High

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Highlights in Monroe

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Monroe Real Estate FAQ

Frequently Asked Questions About Monroe Real Estate

What is the median home price in Monroe, Utah in 2026?

What is the median home price in Monroe, Utah in 2026?

Is Monroe, Utah a buyer's or seller's market?

Is Monroe, Utah a buyer's or seller's market?

How long do homes stay on the market in Monroe?

How long do homes stay on the market in Monroe?

How many homes are for sale in Monroe, Utah?

How many homes are for sale in Monroe, Utah?

Are there new construction homes for sale in Monroe, Utah?

Are there new construction homes for sale in Monroe, Utah?

How does Monroe compare to the Utah state average?

How does Monroe compare to the Utah state average?

Are homes in Monroe more expensive than the Utah average?

Are homes in Monroe more expensive than the Utah average?

Do homes sell faster in Monroe than the rest of Utah?

Do homes sell faster in Monroe than the rest of Utah?

How have home prices changed in Monroe over the past year?

How have home prices changed in Monroe over the past year?

Is the Monroe housing market heating up or cooling down?

Is the Monroe housing market heating up or cooling down?

What were Monroe home prices this time last year?

What were Monroe home prices this time last year?

What is the current market outlook for Monroe, Utah?