Why Live in Central Monroe
Central Monroe is a neighborhood characterized by its historic homes, with houses dating back to the mid-1800s. These homes, including Victorian, Colonial Revival, Bungalows, Cape Cods, and American Foursquares, offer a variety of architectural styles, though many require significant upkeep due to their age. The City of Monroe's FIX Program provides financial assistance for home renovations, aiming to increase homeownership in an area with a high number of rentals. Central Monroe features the River Raisin, which flows into Lake Erie, and is lined with parks such as Soldiers and Sailors Park, known for its fishing spots and recreational facilities, and St. Mary's Park, which hosts summer concerts. Dining options include Misty’s Plant Based Foods and the Michigan Wine and Beer Portal, which offers a patio along the River Raisin. The neighborhood has a strong sense of community, with events like the annual river clean-up drawing families together. Central Monroe is walkable, with markets and shops nearby, and bus services available for longer trips. Local schools include the highly rated Monroe Middle School. The area is safer than the national average, though some spots near Lake Monroe see occasional trespassing and unhoused individuals. Major employers like DTE Energy and ProMedica Monroe Regional Hospital are within 4 miles, and Detroit and Toledo are about 40 miles away for those who commute.
Frequently Asked Questions
Is Central Monroe a good place to live?
Central Monroe is a good place to live. Central Monroe is considered somewhat walkable and bikeable. Central Monroe is a pedestrian neighborhood. Central Monroe has 16 parks for recreational activities. It is somewhat dense in population with 6.8 people per acre and a median age of 38. The average household income is $56,074 which is below the national average. College graduates make up 11% of residents. A majority of residents in Central Monroe are home owners, with 49.1% of residents renting and 50.9% of residents owning their home. A
local real estate agent serving Central Monroe can help you decide if this neighborhood is the right one for you. Learn more on our
Central Monroe neighborhood guide.
Is Central Monroe, MI a safe neighborhood?
Central Monroe, MI is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Central Monroe?
The median home price in Central Monroe is $194,000. If you put a 20% down payment of $38,800 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Central Monroe. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Central Monroe is $56K.
What are the best public schools in Central Monroe?
The best public schools that serve Central Monroe are:
- Monroe High School has a B- Niche grade, a student teacher ratio of 20:1 and an average review score of 3.4.
- Custer I Elementary School has a C Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
- Monroe Middle School has a C Niche grade, a student teacher ratio of 19:1 and an average review score of 3.5.
What are the best private schools in Central Monroe?
The best private schools that serve Central Monroe are:
What are the most popular zip codes in Central Monroe, Monroe, MI?
What are the most popular neighborhoods near Central Monroe, Monroe, MI?
Home Trends in Central Monroe, MI
On average, homes in Central Monroe, Monroe sell after 55 days on the market compared to the national average of 55 days. The median sale price for homes in Central Monroe, Monroe over the last 12 months is $176,450, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$176,450
Median Single Family Sale Price
$179,000
Median 2 Bedroom Sale Price
$207,450
Average Price Per Sq Ft
$115
Number of Homes for Sale
5
Last 12 months Home Sales
40
Median List Price
$194,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
