Monroe (48161) has an estimated 26,470 residents with 25,865 of those people in approximately 10,298 housing units. The 48161 zipcode contains 4,801 housing units that are owned with a mortgage or a loan, 2,601 housing units that are owned free and clear and 2,896 housing units that are renter occupied.

In Monroe (48161) the median listing price of $126,900 has declined by $3,000 since 2018-10.

In 2018 the average percentage drop was 4.82% of original listing price.

Zip code 48161 is in the Monroe metropolitan area.
The median estimated home value in Monroe, MI (48161) is $127,100 as of 2018-10-31 . Home values here have declined by 0.39%.

In Monroe, MI (48161), values have declined by -0.11 from when they peaked at $143,200 in 2006-Q1

The Zillow Market Health Index for Monroe, MI (48161) is 5.66. The corresponding state value is 6.27. This is lower than the overall Market Health Index of Michigan.
Metro value is 5.95.
This is lower than the overall Market Health Index of Monroe.