Monroe

Monroe

Located in Snohomish County

$808,258 Average Value
$381 Average Price per Sq Ft
81 Homes For Sale

A secluded small town within commuting distance of Seattle

With a population of over 19,000 residents, Monroe offers a vibrant place to call home. Its location in the foothills of the Cascade Mountains and its proximity to the Skykomish and Snoqualmie Rivers create beautiful views and many activities in nature. Monroe also has an artistic streak. All around the city, the hyper-realistic murals done by local David Hose demonstrate its colorful and rich identity. Its diversity can also be seen in its string of local businesses and several houses of worship, including Ahmadiyya Muslim Community Seattle and Kriga Yoga Institute Monastery. Historically, the city has been home to the Carnation condensed milk plant as well as a timber hub and local manufacturer. Today, it has become more metropolitan and in more recent years, it has refocused on improving resident well-being. In 2021, the city rolled out a new vision called Imagine Monroe, based on collected feedback. This emphasized a need for affordability, sustainability and inclusivity, among many others. As the city continues to thrive, these clear-cut objectives optimistically point Monroe to a busy future.

Monroe living - where dreams become reality.
Monroe living - where dreams become reality.
The Monroe Chamber of Commerce building features a mural in Monroe.
The Monroe Chamber of Commerce building features a mural in Monroe.
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Monroe's hot housing market

Homebuyers can find properties as old as the early 1900s, mostly concentrated around Old Town. Some of these homes are walkable to the shops and businesses along Main Street. The Fryelands neighborhood is a popular one on the west side of town. Most construction here took place in the 1990s, and the neighborhood is distinctly more suburban, with winding streets that are walkable to parks instead of businesses. New construction is concentrated on the north side of town, in similarly suburban communities but with higher prices. Properties on the city's outskirts have generous acreage and these tend to be the most suitable for equestrians.

Condos may cost anywhere from $428,000 to $600,000. Single-family Craftsman and ranch-style homes can cost around $700,000 to $2 million. Values have been steadily appreciating since 2020. According to Marlene Rouleau, a Realtor with Windermere Real Estate who worked in the Monroe office for 20 years, the market is competitive, with multiple-offer situations occurring frequently because inventory is so low. “The only people selling are selling because of death, relocation or divorce,” Rouleau says. “It’s hard to take your 3% interest rate and trade it in for 7%. There are not many people doing that unless they have to.”

Single-family Craftsman and ranch-style homes range from $700,000 to $2 million in Monroe.
Single-family Craftsman and ranch-style homes range from $700,000 to $2 million in Monroe.
Newly built modern traditional homes are concentrated on the north side of Monroe.
Newly built modern traditional homes are concentrated on the north side of Monroe.
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The gateway to recreation around the Cascade Mountains

Monroe is referred to as the “Gateway to Recreation,” Rouleau says. This is because it's just north of where the Skykomish and Snoqualmie Rivers converge to form the Snohomish River. Al Borlin Park has graveled forest paths and access to the Skykomish, which is popular for swimming and kayaking. With its abundant salmon, steelhead and trout population, it's also a popular fishing spot. The man-made Lake Tye provides more opportunities to swim and fish, while the Blue Boy West Golf Course's 18 holes are open for play every day from dusk to dawn. Venturing just outside the city, the Cascade Mountains offer plenty of opportunities for hiking, and nearby Stevens Pass has skiing.

Monroe residents enjoy fishing in the peaceful waters of Skykomish River.
Monroe residents enjoy fishing in the peaceful waters of Skykomish River.
Stevens Pass near Monroe features a popular skiing and snowboarding resort.
Stevens Pass near Monroe features a popular skiing and snowboarding resort.
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The Evergreen State Fair and other Monroe events

For the 12 days leading up to Labor Day, hundreds of thousands of visitors head into town for the Evergreen State Fair, the second-largest event of its kind in the state. Events range from monster truck shows to live music performances. The event is held at Evergreen State Fairgrounds, which hosts other events throughout the year like NASCAR and autocross races at its 7,000-seat racetrack and horse shows at its equestrian center. The Monroe Chamber of Commerce organizes events throughout the year, including a farmers market from May to September, a Music in the Park series in July and a tree-lighting ceremony in December.

Enjoy watching sport events like the Monroe Auto X race.
Enjoy watching sport events like the Monroe Auto X race.
Residents shop at the Monroe Farmers Market every Wednesday during spring and summer time.
Residents shop at the Monroe Farmers Market every Wednesday during spring and summer time.
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Spots for shopping and dining in Old Town

Chains and big-box stores are primarily located along Route 2 in Monroe. Nearby is the city’s downtown, or “Old Town,” which encompasses a few blocks along Main Street. Several mom-and-pop businesses and restaurants are concentrated around this part of Monroe, including cozy spot Lewis and Main which serves upscale comfort food by a fireplace.

Shop 'till you drop at Black Barrel Vintage Co. in Monroe.
Shop 'till you drop at Black Barrel Vintage Co. in Monroe.
The City of Monroe downtown area offers shopping and dinning.
The City of Monroe downtown area offers shopping and dinning.
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Getting in and out of Monroe

Route 522, Route 2 and Route 203 are the biggest thoroughfares around the region. Route 2, which leads into the mountains toward hot spots like Stevens Pass and Leavenworth, brings travelers through town on the weekends. Community Transit operates three commuter bus lines in Monroe with options heading toward Everett and Seattle. The nearest major airport is the Seattle-Tacoma International Airport, which is about 45 miles of Monroe. The airport offers flights to 91 nonstop domestic destinations and 28 international destinations, serviced by 31 airlines; however, Rouleau says lots of people use the smaller Paine Field airport in Everett for shorter flights to destinations on the West Coast, like Las Vegas.

Monroe's public education system

Students attend schools in the Monroe School District, which Niche gives an overall grade of C-plus. The district serves more than 84,000 students and operates five elementary schools, two middle schools, one high school, and two alternative schools.

Park Place Middle School delivers top-notch education and after school activities.
Park Place Middle School delivers top-notch education and after school activities.
Monroe High School helps students plan for graduation and beyond.
Monroe High School helps students plan for graduation and beyond.
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Crime and climate trends for Monroe

According to data provided to the FBI by the Monroe Police Department, there was an 18% decrease in property crime in 2023. While the number of violent crimes varied up and down throughout the months, it both began and ended the year at 15 cases reported. First Street data reports that Monroe has a major air quality risk and moderate heat and wildfire risks.

Julia Concepcion
Written By
Julia Concepcion
Jake Chaplin
Photography Contributed By
Jake Chaplin
TJ Wengert
Video By
TJ Wengert

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Monroe Housing Trends

Housing Trends

Median List Price
$873,400
Median Sale Price
$820,500
Median Single Family Sale Price
$875,000
Median Townhouse Sale Price
$619,950
Median 2 Bedroom Sale Price
$325,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
364
Median Home Sale Price YoY Change
$7
Average Price Per Sq Ft
$381

Neighborhood Facts

Number of Homes for Sale
81
Months of Supply
2.70

Open Houses

  • Sunday, Jun 15
    12:30 - 4:30pm

    19019 137th St SE, Monroe, WA 98272

    $775,000

    • 4 Beds
    • 2.5 Baths
    • 2,101 Sq Ft
    • 19019 137th St SE
    • New 3 days ago

    Welcome to this gorgeously updated home lovingly set on a sun soaked corner lot. Open floor plan, vaulted ceilings, natural light, updated kitchen w/SS appliances, & the large family room grace the main floor. Ascend the open stairs to a large private primary suite w/ a 5-piece bath including a soaking tub, & walk-in closet. There's 3 more spacious bedrooms & a double vanity full bath. There's a

    Mike Busaca Skyline Properties, Inc.

  • Sunday, Jun 15
    1 - 4pm

    20606 137th St SE, Monroe, WA 98272

    $1,050,000

    • 5 Beds
    • 3 Baths
    • 3,123 Sq Ft
    • 20606 137th St SE
    • New 3 days ago

    Welcome to this IMMACULATE home that backs up to expansive wildlife preserve! Airy interior, tons of natural light, premium updates. Soaring ceilings, 8ft. tall doors. Bed + bath on main. Kitchen boasts oversize calcutta quartz island, counters/backsplash. Stainless appliances, gas cooktop & soft close cabinets/drawers. Premium matte black hardware, modern millwork, black steel stairs/upstairs

    Blake Mcbride Designed Realty

  • Sunday, Jun 15
    12 - 2pm

    16723 Wales St SE, Monroe, WA 98272

    $598,000

    • 3 Beds
    • 2 Baths
    • 1,368 Sq Ft
    • 16723 Wales St SE
    • New 4 days ago

    Move-in ready rambler in the highly desired Monroe Fryelands neighborhood! This adorable 3 bedroom 2 full bath home is ready for it's next chapter! Lots of windows bring in natural light, and the vaulted ceilings lend an expansive feel to your space. The open floorplan is perfect for entertaining! You'll love the full bath off the Primary Suite and a huge walk-in closet! Fully fenced yard with

    Eli DeBerry Windermere Bellevue Commons

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Monroe Has More Owners

Demographics

Total Population
20,162
Median Age
38
Population under 18
24.3%
On par with the national average
23.8%
Population over 65
12.2%
Below the national average
19.1%

Finances

Median Household Income
$99,656
Significantly above the national average
$71,702
Average Household Income
$118,554

Education and Workforce

High School Graduates
91.5%
College Graduates
22.2%
Below the national average
34.1%
Advanced Degrees
5.8%
Below the national average
13.3%
% Population in Labor Force
64.6%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
36°F
Average Summer High Temperature
72°F
Annual Snowfall
3''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Monroe