Why Live in Northwest Monroe
Northwest Monroe is a fully developed neighborhood characterized by its neatly packed homes on manicured lawns, tall trees, and sidewalks. The area features a variety of home styles, including 1950s bungalows and cottages in Cranbrook Estates, ranch-style homes in Riverside Manor, and modern Craftsman homes. Central Park subdivision is popular among empty nesters, while bi-levels and split-levels built between 1960 and the 1980s are also available. The neighborhood is known for its community events aimed at attracting young professionals and families. Munson Park, adjacent to the neighborhood, offers a medieval castle-inspired playscape, youth sports leagues, tennis courts, a skatepark, beach volleyball, walking trails, and catch-and-release fishing. The River Raisin Heritage Trail, known locally as the River Walk, connects Munson Park to Sterling State Park, providing a scenic route for walking and socializing. Dining options include Vince's Drive-In and Monroe's Original Hot Dog, both known for their midcentury charm and local rivalry. Danny's Fine Foods, a family-owned grocery store, and Lucy's Frozen Custard are community staples. For travel, residents are 40 miles from Toledo's airport and 30 miles from Detroit's. The neighborhood is served by Lake Erie Transit buses, with regular service on weekdays and limited service on Saturdays. Monroe Middle School, rated highly, serves the area, providing quality education. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and professionals alike.
Frequently Asked Questions
Is Northwest Monroe a good place to live?
Northwest Monroe is a good place to live. Northwest Monroe is considered somewhat walkable and somewhat bikeable. Northwest Monroe is a suburban neighborhood. Northwest Monroe has 5 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 44. The average household income is $63,284 which is below the national average. College graduates make up 22% of residents. A majority of residents in Northwest Monroe are home owners, with 46.5% of residents renting and 53.5% of residents owning their home. A
local real estate agent serving Northwest Monroe can help you decide if this neighborhood is the right one for you. Learn more on our
Northwest Monroe neighborhood guide.
How much do you need to make to afford a house in Northwest Monroe?
The median home price in Northwest Monroe is $236,249. If you put a 20% down payment of $47,200 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Northwest Monroe. The average household income in Northwest Monroe is $63K.
What are the best public schools in Northwest Monroe?
The best public schools that serve Northwest Monroe are:
What are the best private schools in Northwest Monroe?
The best private schools that serve Northwest Monroe are:
What are the most popular zip codes in Northwest Monroe, Monroe, MI?
What are the most popular neighborhoods near Northwest Monroe, Monroe, MI?
Home Trends in Northwest Monroe, MI
On average, homes in Northwest Monroe, Monroe sell after 46 days on the market compared to the national average of 52 days. The median sale price for homes in Northwest Monroe, Monroe over the last 12 months is $230,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$230,000
Median Single Family Sale Price
$239,949
Median 2 Bedroom Sale Price
$233,450
Median 1 Bedroom Sale Price
$54,000
Average Price Per Sq Ft
$174
Number of Homes for Sale
13
Last 12 months Home Sales
131
Median List Price
$236,249
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%
