Why Live in Southeast Monroe
Southeast Monroe is a neighborhood with a rich history, originally developed for employees of the nearby Newton Steel Corp. Homes in the area include bungalows, workers' cottages, and ranch-style houses, many of which were built between 1920 and 1950. These homes are notably affordable, often selling for significantly less than the Monroe Metro average, making them attractive to both residents and investors. The neighborhood lacks apartment complexes, and many homes are rented out. Hellenberg Park, with its fishing spots, wooded trails on Sterling Island, and recreational facilities, is a local highlight. The Arthur Lesow Community Center offers various social, cultural, and educational programs, while the newly built Labor Park features a splash pad and indoor basketball court. Although there are no restaurants within the neighborhood, downtown dining options are just 2 miles away, and several small markets are within walking distance. Lake Erie Transit’s Route 3 services the area, though buses stop running in the early evening. Major employers like DTE Energy and ProMedica Monroe Regional Hospital are nearby. The neighborhood is bordered by the River Raisin and Tamarack Creek, making it prone to flooding. Students attend Monroe Public Schools, with Monroe Middle School being highly rated. The area is safer than the national average, providing a relatively low crime risk for residents.
Frequently Asked Questions
Is Southeast Monroe a good place to live?
Southeast Monroe is a good place to live. Southeast Monroe is considered car-dependent and somewhat bikeable. Southeast Monroe is an urban core neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Southeast Monroe has 2 parks for recreational activities. It is fairly sparse in population with 3.9 people per acre and a median age of 36. The average household income is $52,615 which is below the national average. College graduates make up 17.6% of residents. A majority of residents in Southeast Monroe are renters, with 50.5% of residents renting and 49.5% of residents owning their home. A
local real estate agent serving Southeast Monroe can help you decide if this neighborhood is the right one for you. Learn more on our
Southeast Monroe neighborhood guide.
Is Southeast Monroe, MI a safe neighborhood?
Southeast Monroe, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Southeast Monroe?
The median home price in Southeast Monroe is $335,000. If you put a 20% down payment of $67,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Southeast Monroe. The average household income in Southeast Monroe is $53K.
What are the best public schools in Southeast Monroe?
The best public schools that serve Southeast Monroe are:
What are the best private schools in Southeast Monroe?
The best private schools that serve Southeast Monroe are:
What are the most popular zip codes in Southeast Monroe, Monroe, MI?
What are the most popular neighborhoods near Southeast Monroe, Monroe, MI?
Are home prices dropping in Southeast Monroe?
Yes, home prices in Southeast Monroe are down 12% in the last 12 months.
Home Trends in Southeast Monroe, MI
On average, homes in Southeast Monroe, Monroe sell after 17 days on the market compared to the national average of 70 days. The median sale price for homes in Southeast Monroe, Monroe over the last 12 months is $330,000, down 34% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$220,000
Median Townhouse Sale Price
$330,000
Average Price Per Sq Ft
$232
Number of Homes for Sale
1
Last 12 months Home Sales
34
Median List Price
$335,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-34%