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University Area Homes for Sale

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  • /23

    $115,000

    • 3 Beds
    • 2 Baths
    • 1,692 Sq Ft

    2002 University Ave, Monroe, LA 71203

    Welcome to this inviting home with a covered front patio. To the left, enjoy three spacious bedrooms with fresh carpet and paint, a full bathroom with tile flooring and shower/tub combo, plus a convenient half bath. To the right, the living room features a brick fireplace and plenty of natural light through large windows. The breakfast area opens to a fenced backyard with a small storage shed,

    Agent Photo

    Harrison Lilly

    Harrison Lilly

    (318) 495-8691

    2002 University Ave, Monroe, LA 71203
  • /20

    $180,000

    • 3 Beds
    • 1 Bath
    • 1,900 Sq Ft

    1006 Cole Ave, Monroe, LA 71203

    Move-in ready and full of charm! This well-located home is just a short walk to ULM, restaurants, and shopping—perfect for a first-time buyer or college student. Offering 3 large bedrooms and 1 bath, it sits on a spacious corner lot with plenty of parking. Inside, you’ll love the open floor plan, cozy wood-burning fireplace, and kitchen with all appliances included. The large fenced backyard

    Andrea Brown French Realty, LLC

    1006 Cole Ave, Monroe, LA 71203
  • /22

    $235,000

    • 4 Beds
    • 4 Baths
    • 3,431 Sq Ft

    6504 Cypress Point Dr, Monroe, LA 71203

    Introducing this unique Riverfront home. It features 4 bedrooms and 3.5 Bathrooms. The formal dining room, featuring a double fireplace that connects to the living room, showcases a stunning ceiling that reaches up to the skylights. This area seamlessly opens to the kitchen and breakfast nook, complemented by a generous walk-in pantry and an abundance of cabinetry throughout the home. The Laundry

    Sandy Johnson Coldwell Banker Group One Realty

    6504 Cypress Point Dr, Monroe, LA 71203
  • /24

    $365,000

    • 4 Beds
    • 3 Baths
    • 5,398 Sq Ft

    3506 Bon Aire Dr, Monroe, LA 71203

    On the bayou and looking for its next owner! This is your chance to make your dream home or investment opportunity come true on the bayou! The home has been cleared to the studs after a fire but has the potential to become your personal residence or a AIRBNB close to the ULM campus. There is a living and family area, 4 bedrooms, 3 bathrooms, windows across the back of the home with bayou views, a

    Misti Hajj Keller Williams Parishwide Partners

    3506 Bon Aire Dr, Monroe, LA 71203
  • /9

    $79,900

    • Land
    • 0.61 Acre
    • $130,984 per Acre

    6642 Cypress Point Dr, Monroe, LA 71203

    All information deemed reliable but not guaranteed.

    Mark Sisk Re/Max Premier Realty

    6642 Cypress Point Dr, Monroe, LA 71203
  • /9

    $79,900

    • Land
    • 0.58 Acre
    • $137,759 per Acre

    6636 Cypress Point Dr, Monroe, LA 71203

    All information deemed reliable but not guaranteed.

    Mark Sisk Re/Max Premier Realty

    6636 Cypress Point Dr, Monroe, LA 71203
  • /9

    $79,900

    • Land
    • 0.58 Acre
    • $137,759 per Acre

    6630 Cypress Point Dr, Monroe, LA 71203

    All information deemed reliable but not guaranteed.

    Mark Sisk Re/Max Premier Realty

    6630 Cypress Point Dr, Monroe, LA 71203
  • /15

    $475,000

    • 5 Beds
    • 4 Baths
    • 4,600 Sq Ft

    1800 University Place, Monroe, LA 71203

    Bayou frontage lot with a 5 bedroom 3.5 bath home. The kitchen features many upgraded amenities such as commercial grade oven with griddle, granite counters, and stainless appliances. Home also includes recessed lighting, heavy crown/dental molding, a private office, security system and french doors in the master that lead to a large patio. Situated on a large bayou front lot with a fence and a

    Craig Morris Coldwell Banker Group One Realty

    1800 University Place, Monroe, LA 71203

Why Live in University Area

The University Area in Monroe, LA, is a vibrant neighborhood primarily inhabited by students from the University of Louisiana Monroe. This area offers a convenient lifestyle with numerous restaurants and shops within walking distance, making it ideal for college students. Over the past two decades, the neighborhood has seen an influx of investors purchasing older homes to rent out, although some properties lack modern refurbishments. Homeowners, including university employees, are gradually returning, drawn by the waterfront living along Bayou Desiard. Dining options are plentiful, with local favorites like Catahoula’s and Waterfront Grill offering American and Cajun cuisine, while Athena’s serves Greek and Lebanese dishes. Bayou Park on the ULM campus hosts concerts and events, and the bayou itself is popular for fishing, kayaking, and water skiing. The neighborhood also features Bayou Desiard Country Club, a private club with golf, tennis, and pickleball facilities. Students in the area attend highly rated Neville Junior High School and Neville High School, both known for their strong academic and extracurricular programs. The Monroe Transit System provides easy access to other parts of the city, and essential services like St. Francis Medical Center and Monroe Regional Airport are within a few miles. Housing styles include modest single-story homes from the 1940s and 1950s, with prices varying based on proximity to the bayou.

Frequently Asked Questions

Is University Area a good place to live?
University Area is a good place to live. University Area is considered very car-dependent and somewhat bikeable. University Area has 1 park for recreational activities. It is fairly sparse in population with 3.3 people per acre and a median age of 27. The average household income is $50,616 which is below the national average. College graduates make up 42.3% of residents. A majority of residents in University Area are renters, with 69.4% of residents renting and 30.6% of residents owning their home. A local real estate agent serving University Area can help you decide if this neighborhood is the right one for you. Learn more on our University Area neighborhood guide.
How much do you need to make to afford a house in University Area?
The median home price in University Area is $222,000. If you put a 20% down payment of $44,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $47K a year to afford the median home price in University Area. The average household income in University Area is $51K.
What are the best public schools in University Area?
The best public schools that serve University Area are:
What are the best private schools in University Area?
The best private schools that serve University Area are:
What are the most popular zip codes in University Area, Monroe, LA?
The most popular zip codes in University Area, Monroe, LA include 71203, 71201, 71280, 71291 and 71202.
What are the most popular neighborhoods near University Area, Monroe, LA?
The most popular neighborhoods near University Area, Monroe, LA are North Monroe, Midtown, Ingleside, Lakeshore and Garden District.

Home Trends in University Area, LA

Housing Trends

Median Sale Price
$197,500
Median Single Family Sale Price
$211,500
Average Price Per Sq Ft
$80
Number of Homes for Sale
5
Last 12 months Home Sales
9
Months of Supply
6.70
Median List Price
$222,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
127%
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