Monroe Real EstateThe median home value in Monroe, MI is $138,000. This is lower than the county median home value of $160,700. The national median home value is $219,700. The average price of homes sold in Monroe, MI is $138,000. Approximately 57.97% of Monroe homes are owned, compared to 32.45% rented, while 9.59% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monroe real estate agent to arrange a tour today! Monroe, Michigan 48161 has a population of 20,128. Monroe 48161 is less family-centric than the surrounding county with 27.32% of the households containing married families with children. The county average for households married with children is 28.44%. The median household income in Monroe, Michigan 48161 is $47,559. The median household income for the surrounding county is $59,479 compared to the national median of $57,652. The median age of people living in Monroe 48161 is 35.8 years. Monroe WeatherThe average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 34.6 inches per year, with 39 inches of snow per year. Nearby Homes for Sale |