Why Live in Monroe
Monroe, known as the Gateway to the Sky Valley, is a bedroom community situated at the confluence of the Snohomish, Skykomish, and Snoqualmie Rivers, intersected by three major highways. This location makes it convenient for residents commuting to Seattle, Bellevue, and Everett. Monroe offers a variety of recreational opportunities, including fishing, hiking, skiing, and rock climbing, making it ideal for outdoor enthusiasts. The neighborhood features a mix of expansive three to five-bedroom homes, split-levels, ramblers, and modern houses on large lots, with new construction focusing on middle housing like duplexes and mixed-use buildings. Monroe's historic downtown adds charm while the community adapts to growth, preserving open spaces as per Washington State's growth management act. Local highlights include Lake Tye Park, a 64-acre park with a recreational lake, loop trail, picnic shelters, sports courts, and a playground. Evergreen Speedway and Evergreen Equestrian Park offer racing and equestrian events, respectively. Dining options include Monroe Fish and Chips, known for its LGBTQ+ friendly environment. Retail needs are met by stores north of Route 2 and the Big Box Outlet Store. With Route 2, Route 522, and Route 203 providing easy access, Monroe is well-connected to surrounding metro areas. Monroe has a low crime risk compared to the national average, adding to its appeal for potential homebuyers.
Frequently Asked Questions
Is Monroe a good place to live?
Monroe is a good place to live, receiving 3.7 stars from its residents. Monroe is considered somewhat walkable and somewhat bikeable. Monroe is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Monroe has 7 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 38. The average household income is $122,203 which is above the national average. College graduates make up 23.2% of residents. A majority of residents in Monroe are home owners, with 33.5% of residents renting and 66.5% of residents owning their home. A
local real estate agent serving Monroe can help you decide if this neighborhood is the right one for you. Learn more on our
Monroe neighborhood guide.
Is Monroe, WA a safe neighborhood?
Monroe, WA 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 Monroe?
The median home price in Monroe is $599,000. If you put a 20% down payment of $119,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $133K a year to afford the median home price in Monroe. The average household income in Monroe is $122K.
What are the best public schools in Monroe?
The best public schools that serve Monroe are:
What are the best private schools in Monroe?
The best private schools that serve Monroe are:
What are the most popular zip codes in Monroe, Monroe, WA?
What are the most popular neighborhoods near Monroe, Monroe, WA?
Home Trends in Monroe, WA
On average, homes in Monroe, WA sell after 109 days on the market compared to the national average of 70 days. The median sale price for homes in Monroe, WA over the last 12 months is $396,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$396,000
Median Single Family Sale Price
$589,000
Median Townhouse Sale Price
$506,157
Median 2 Bedroom Sale Price
$864,500
Average Price Per Sq Ft
$339
Number of Homes for Sale
12
Last 12 months Home Sales
127
Median List Price
$599,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-6%
