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

$307,620

AVERAGE PRICE OF 152 HOMES

$1,300,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$301,813

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$437,300

AVERAGE PRICE OF 14 HOMES WITH A POOL

$325,327

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $307,620
Avg Bedrooms 3.34 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

2 bedrooms $165,064
3 bedrooms $256,227
4 bedrooms $391,799
5 bedrooms $484,960
Monroe Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 164 n/a n/a n/a 129
Average Price $301,751 n/a n/a n/a $290,478
Avg Price Change n/a n/a n/a n/a +5.21%
Median Price $240,418 n/a n/a n/a $228,643
Med Price Change n/a n/a n/a n/a +7.93%
Avg Bedrooms 3.31 beds n/a n/a n/a 3.34 beds
Avg Bathrooms 2.18 baths n/a n/a n/a 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carroll Cy 1 $175,000 12 days
Neville Cy 56 $419,154 68 days
Ouachita O 50 $223,398 60 days
Sterlington O 13 $419,251 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 152 $307,620 63 days
Multi-Million Dollar Homes 3 $1,300,000 96 days
Newly Built Homes 16 $301,813 78 days
Homes with a Pool 14 $437,300 54 days
Reduced Price Homes 9 $325,327 41 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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