Monroe

Why you'd want to live in Monroe

Monroe is located along the Ouachita River and is the parish seat for Ouachita Parish. It's the primary distribution base for the region's farmers. According to National Geographic, the Ouachita River is one of the most beautiful rivers in the entire world. The region is known as "Sportsman's Paradise," and is the location of the first Coca Cola bottling plant. History Before the Louisiana Purchase was completed, the Monroe area was a prominent trading center. In 1780 the French arrived and created a settlement named Prairie de Canots. Jean Baptiste Filhoil was selected by the Spanish Crown to be in charge of the region and in 1790 Filhoil constructed a prominent fort. Soon, agriculture was thriving and was a primary industry. In 1915 natural gas was discovered in Ouachita Parish and it became a significant factor for the economy. During the 1920's the paper industry was flourishing.

Monroe Market Report

$332,593

AVERAGE PRICE OF 147 HOMES

$2,706,833

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$323,965

AVERAGE PRICE OF 13 NEWLY BUILT HOMES

$841,016

AVERAGE PRICE OF 12 HOMES WITH A POOL

$279,835

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $332,593
Avg Bedrooms 3.46 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

2 bedrooms $187,518
3 bedrooms $239,593
4 bedrooms $482,931
5 bedrooms $430,305
Monroe Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 155 153 166 159 164
Average Price $331,597 $344,011 $314,763 $308,830 $301,751
Avg Price Change -3.74% +9.29% +1.92% +2.35% n/a
Median Price $230,531 $237,648 $240,789 $244,529 $240,418
Med Price Change -3.09% -1.32% -1.55% +1.71% n/a
Avg Bedrooms 3.42 beds 3.43 beds 3.41 beds 3.34 beds 3.31 beds
Avg Bathrooms 2.19 baths 2.21 baths 2.24 baths 2.2 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 55 $473,615 90 days
Other 1 $65,000 50 days
Ouachita O 48 $216,606 83 days
Sterlington O 12 $419,491 88 days
Wossman Cy 2 $77,950 45 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 147 $332,593 84 days
Multi-Million Dollar Homes 3 $2,706,833 124 days
Newly Built Homes 13 $323,965 121 days
Homes with a Pool 12 $841,016 95 days
Reduced Price Homes 7 $279,835 68 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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