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Monroe, LA Condos for Sale

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  • /38

    $219,900

    • 3 Beds
    • 2 Baths
    • 2,120 Sq Ft

    515 Lincoln Rd Unit 129, Monroe, LA 71203

    THIS BEAUTIFUL 2120 HSF TOWNHOUSE IS LOADED WITH AMENITIES; WATERFRONT/BAYOU VIEWS; AND VERY LITTLE MAINTENANCE. CORNER/END UNIT; EASY ACCESS TO BOAT LAUNCH; TWO COVERED PARKING SPOTS; OUTSIDE STORAGE AREA; AND ASSOCIATION DUES COVERED: SWIMMING POOL; TENNIS COURT; AND MEETING ROOM/CLUBHOUSE. GARBAGE RUNS 3 TIMES A WEEK....THE OWNER TAKES CARE OF THE INTERIOR; HVAC; AND SMALL FLOWER BEDS; THE

    Kevin Bayles BetterHomes&GardensVeranda

    515 Lincoln Rd Unit 129, Monroe, LA 71203
  • /44

    $385,000

    • 2 Beds
    • 3 Baths
    • 3,829 Sq Ft

    706 Trenton St Unit 6, West Monroe, LA 71291

    Experience refined living in this stunning penthouse suite offering breathtaking views of the Ouachita River! This 2 bedroom, 2.5 bathroom home with a dedicated office seamlessly combines elegance and comfort. Step inside to discover spacious living areas adorned with architectural columns, abundant natural light, and large windows that frame panoramic river and city views. The interior's neutral

    Shane Wooten Keller Williams Parishwide Partners

    706 Trenton St Unit 6, West Monroe, LA 71291

Why Live in Monroe

Monroe's rich outdoor scene centers around the Black Bayou Lake National Wildlife Refuge, where residents enjoy hiking, fishing, and kayaking amid native wildlife. The Louisiana Purchase Gardens and Zoo provides family entertainment with boat tours along Bayou Desiard, while the Biedenharn Museum & Gardens combines Coca-Cola history with beautiful gardens. Cultural attractions include the Masur Museum of Art and the Chennault Aviation & Military Museum. The dining scene features upscale Southern cuisine at Restaurant Cotton and Parish Restaurant & Bar, alongside waterfront dining at Warehouse No. 1 Restaurant and Trapp's Cajun & Seafood.

The housing market in Monroe includes diverse options across several neighborhoods. The median single family home price is $241,800, while townhomes have a median price of $165,000 and two bedroom condos typically sell for $135,000. North Monroe commands the highest prices with a median single family home price of $305,000, while the Garden District presents more moderate options at $186,800. The Southside Riverfront area features the most affordable single family homes with a median price of $41,500.

Monroe's cost of living sits 10.5% below the national average. A family with school age children needs approximately $94,000 annually to live comfortably, while renters require about $46,000. The combined sales tax rate is 10.12%, including a 5% state rate and 5.12% local rate. Monthly grocery costs average $1,500 for families and $700 for renters. Housing expenses run about $1,800 monthly for families and $1,300 for renters. The public school system includes highly rated West Monroe High School and Sterlington High School, both achieving A ratings. The University of Louisiana at Monroe serves as a major educational institution and employer, alongside other significant employers like Lumen Technologies and St. Francis Medical Center.

Home Trends in Monroe, LA

Housing Trends

Median Sale Price
$214,425
Median Single Family Sale Price
$219,900
Median Townhouse Sale Price
$163,000
Median 2 Bedroom Sale Price
$139,000
Average Price Per Sq Ft
$94
Number of Homes for Sale
120
Last 12 months Home Sales
386
Months of Supply
3.70
Median List Price
$228,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%
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