House Prices

House Prices & Home Values Monroe, LA 2026


Average Data

average house price$221,029
average size per house2305 ft²
average price per ft²96 $ / ft²

02/08/2026 - The value range (VR) for house prices in Monroe, LA is $50/ sqft to $99/ sqft. An average home with 2305 sqft costs approximately $115,250 to $228,195. Monroe, LA includes 4 ZIP codes and it is located in Ouachita county. The lowest prices are found in ZIP 71202, while the highest are in ZIP 71203. The average price per sqare feet is $96. Our analysis is based on 37 property listings.

Avergage prices by ZIP codes Monroe

7120183 $ / ft²
7120253 $ / ft²
7120392 $ / ft²
7120991 $ / ft²




Historical development of home values in Monroe

Year Estimated value (USD) Change vs. 2025
2010 $102,650 -53.6%
2011 $98,680 -55.4%
2012 $98,415 -55.5%
2013 $102,093 -53.8%
2014 $107,170 -51.5%
2015 $112,670 -49.0%
2016 $118,550 -46.4%
2017 $124,949 -43.5%
2018 $131,856 -40.3%
2019 $137,970 -37.6%
2020 $145,103 -34.4%
2021 $165,039 -25.3%
2022 $192,398 -13.0%
2023 $202,893 -8.2%
2024 $214,630 -2.9%
2025 $221,029 0.0%

Graph: estimated home values in Monroe over time (USD)



Example: 100% financing house in Monroe

Loan amount: $221,029

Interest rate: 6.00%

Fixed monthly payment: $1,325.18

Breakdown in the 1st month:
Interest portion: $1,105.15  –  Principal portion: $220.04

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,187.90 $2,714.26 $218,314.74
2 $13,020.49 $2,881.67 $215,433.07
3 $12,842.76 $3,059.41 $212,373.66
4 $12,654.06 $3,248.10 $209,125.55
5 $12,453.73 $3,448.44 $205,677.11
6 $12,241.03 $3,661.13 $202,015.98
7 $12,015.22 $3,886.94 $198,129.04
8 $11,775.48 $4,126.68 $194,002.36
9 $11,520.96 $4,381.21 $189,621.15
10 $11,250.74 $4,651.43 $184,969.72
11 $10,963.85 $4,938.32 $180,031.40
12 $10,659.26 $5,242.90 $174,788.50
13 $10,335.89 $5,566.28 $169,222.22
14 $9,992.58 $5,909.59 $163,312.63
15 $9,628.09 $6,274.08 $157,038.55
16 $9,241.11 $6,661.05 $150,377.50
17 $8,830.27 $7,071.89 $143,305.61
18 $8,394.10 $7,508.07 $135,797.53
19 $7,931.01 $7,971.15 $127,826.38
20 $7,439.37 $8,462.80 $119,363.59
21 $6,917.40 $8,984.76 $110,378.82
22 $6,363.24 $9,538.92 $100,839.90
23 $5,774.90 $10,127.26 $90,712.64
24 $5,150.28 $10,751.89 $79,960.75
25 $4,487.12 $11,415.04 $68,545.71
26 $3,783.07 $12,119.10 $56,426.61
27 $3,035.59 $12,866.58 $43,560.03
28 $2,242.01 $13,660.16 $29,899.87
29 $1,399.48 $14,502.69 $15,397.18
30 $504.98 $15,397.18 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Monroe, LA


1500 sqft3900 sqft
Ø selling price$174,240$370,657
Ø fast selling$158,400$333,591
Ø high price sale$190,081$407,722

In 2026, houses in Monroe, LA will be offered at an average price of $96 per square foot. A 1,500 sqft home priced at $174,240 is 20.95% more expensive per square foot than a 3,900 sqft home priced at $370,657. Home prices in Monroe, LA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $256,609. Sellers who can wait longer may achieve a higher price of up to $313,632.


Explore Monroe, LA

Located along the scenic Ouachita River, Monroe, LA blends Southern charm with modern energy. As the hub of Northeast Louisiana, the city offers rich history, outdoor adventure, and a welcoming community.

Highlights & Attractions

Top attractions include the Biedenharn Museum & Gardens and the Black Bayou Lake National Wildlife Refuge for wildlife viewing and boardwalk trails. Downtown Monroe features art galleries, murals, and live music venues that showcase the region?s creative spirit. Families love seasonal festivals and the Louisiana Purchase Gardens & Zoo, adding year-round fun.

Education & Economy

The University of Louisiana at Monroe (ULM) anchors workforce development and fuels research, athletics, and cultural events. Monroe?s economy spans healthcare, manufacturing, logistics, and small-business innovation, with convenient access to I-20 for regional commerce.

Lifestyle & Dining

Food lovers savor Cajun and Creole flavors, barbecue, and farm-to-table spots across downtown and nearby Antique Alley in West Monroe. Paddling the Ouachita River, birding in refuges, and relaxing in city parks make outdoor living easy and affordable;
a manageable cost of living appeals to students, families, and retirees.

Getting Around & Quality of Life

With the Monroe Regional Airport, public transit connections, and diverse neighborhoods, Monroe, Louisiana delivers convenience, warm weather, and standout value for visitors and new residents alike.



FAQ – Home Values in Monroe

What is the median home value in Monroe in 2026?

In 2026, the typical home value in Monroe is about $221,029 for an average home size of 2305 square feet. This corresponds to an average price of roughly $96 per square foot.

What is the average cost per square foot in Monroe?

In 2026, homes in Monroe sell for an average of around $96 per square foot, with a typical range between $50 and $99 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Monroe is about 2305 square feet, with an estimated 2026 value around $221,029.



Locations close to Monroe, LA

Baskin, LA52 $ / ft²
Bastrop, LA86 $ / ft²
Bernice, LA85 $ / ft²
Bossier City, LA118 $ / ft²
Barksdale Afb, LA109 $ / ft²
Shreveport, LA49 $ / ft²




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