Why Live in Monroe
Monroe, a small town in Orange County, New York, is steeped in history dating back to the early 1700s. Originally known as Southfields, it was renamed to honor President James Monroe. The town has evolved from a rural area known for horse racing and dairy farming, including the founding of Velveeta cheese, to a suburban community with bus links to New York City. Monroe features a mix of colonial-style homes, midcentury bi-level and split-level houses, modern townhomes, ranch-style residences, and grand Colonial Revival homes in gated communities. The town's vibrant retail scene includes the Woodbury Commons Outlet Mall, which attracts shoppers with stores like Pandora and Nike. Local dining options include Captain’s Table and Empire Diner, while grocery shopping is available at Stop & Shop and ShopRite of Monroe. Monroe offers recreational opportunities at parks such as Mary Harriman Park, Smith’s Clove Park, and Crane Park, which features a decommissioned F-86 fighter jet. The Monroe-Woodbury Central School District is highly rated, with Pine Tree Elementary School, Monroe-Woodbury Middle School, and Monroe-Woodbury High School all receiving commendable scores. Commuting to Manhattan is convenient via the Palisades Interstate Parkway or bus services, with travel times around an hour. The closest international airport is New York Stewart International Airport, located 15 miles north.
Home Trends in Monroe, NY
On average, homes in Monroe, NY sell after 38 days on the market compared to the national average of 70 days. The median sale price for homes in Monroe, NY over the last 12 months is $410,000, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$410,000
Median Single Family Sale Price
$695,000
Median Townhouse Sale Price
$515,000
Median 2 Bedroom Sale Price
$329,000
Median 1 Bedroom Sale Price
$219,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
9
Last 12 months Home Sales
25
Median List Price
$500,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-27%