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.
Home Trends in Monroe, WA
On average, homes in Monroe, WA sell after 108 days on the market compared to the national average of 69 days. The median sale price for homes in Monroe, WA over the last 12 months is $396,000, down 7% 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
$462,500
Median 2 Bedroom Sale Price
$864,500
Average Price Per Sq Ft
$330
Number of Homes for Sale
14
Last 12 months Home Sales
125
Median List Price
$599,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%