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.
Home Trends in Central Monroe, MI
On average, homes in Central Monroe, Monroe sell after 48 days on the market compared to the national average of 51 days. The median sale price for homes in Central Monroe, Monroe over the last 12 months is $192,000, up 34% from the median home sale price over the previous 12 months.
Median Sale Price
$192,000
Median Single Family Sale Price
$199,900
Median 2 Bedroom Sale Price
$207,450
Average Price Per Sq Ft
$122
Number of Homes for Sale
12
Last 12 months Home Sales
50
Median List Price
$199,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
34%
