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Monroe GazeboPhoto: Michaelphayes · CC BY-SA 4.0
Housing in Monroe

217 homes sold in Monroe in the last year, at a typical $633K

Redfin reports Monroe’s sales by ZIP code, so these figures are for ZIP 06468, which takes in Monroe and the area around it. About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Monroe homes are listed.

Homes sold
217
ZIP 06468 · June 2025 to May 2026
Typical sale price
$633K
houses $676K · condos $392K
Price per square foot
$275
Connecticut $263
Paid vs. asking
100.9%
48% sold over asking
For sale now
58
May 2026 · 14 sold that month
What sold · last 12 months · ZIP 06468

18% of Monroe’s sales are condos, at $284K less than a house

175 houses and 40 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$676K

typical sale · 175 sold in 12 months

Per square foot
$274CT $273
Days to sell
52
Sold over asking
50%
Condos$392K

typical sale · 40 sold in 12 months

Per square foot
$279CT $256
Days to sell
43
Sold over asking
43%
10 years of sales

Fewer homes sell than before 2022, at 1.9 times the 2016 price

217 sales in the last year, against 381 in 2021 and a low of 218 in 2024. The typical sale went from $342K in 2016 to $633K.

Homes soldTypical sale price
0100200300400$400K$500K$600K$700K2016: 271 sold, typical $342K’162017: 271 sold, typical $339K2018: 289 sold, typical $338K’182019: 313 sold, typical $341K2020: 367 sold, typical $389K’202021: 381 sold, typical $438K2022: 268 sold, typical $486K’222023: 219 sold, typical $524K2024: 218 sold, typical $536K’242025: 225 sold, typical $617KLast 12 months: 217 sold, typical $633KNow

Source: Redfin Data Center, MLS sales; for ZIP 06468, which takes in Monroe and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $650K buys in Monroe

Houseat $274 a sq ft
Condoat $279 a sq ft
The same money in Connecticutat $273 a sq ft

Is this asking price fair?

Check a listing against what Monroe homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Monroe are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of home sales in ZIP 06468 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 217 sales.

If you’re buying in Monroe

  • Shop in April. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 100.9% of the list price on average; 48% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 39 a month), but August is the most competitive: 40% of August sales close over asking. April and May offer nearly as much choice with fewer homes bid up (29%). February has the least competition (28%) but only about 18 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 15 new listings a month, 30% sold over asking, 81 days to sellJFeb: 18 new listings a month, 28% sold over asking, 87 days to sellFMar: 26 new listings a month, 31% sold over asking, 88 days to sellMApr: 33 new listings a month, 29% sold over asking, 83 days to sellAMay: 39 new listings a month, 33% sold over asking, 71 days to sellMJun: 39 new listings a month, 35% sold over asking, 60 days to sellJJul: 39 new listings a month, 38% sold over asking, 62 days to sellJAug: 34 new listings a month, 40% sold over asking, 60 days to sellASep: 31 new listings a month, 38% sold over asking, 63 days to sellSOct: 27 new listings a month, 36% sold over asking, 65 days to sellONov: 22 new listings a month, 31% sold over asking, 70 days to sellNDec: 18 new listings a month, 31% sold over asking, 75 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Connecticut

Monroe now2017–192021 peakCT now
Sold over askingShare of sales that closed above the list price48%18%54%56%
Gone within two weeksShare of homes under contract within 14 days51%15%58%47%
Listings with a price cutShare of homes for sale that cut their price———18%
Price paid vs. askingAverage sale price ÷ list price100.9%97.5%101.4%102.2%
Days to sellMedian days from listing to contract50885339
Supply

43 homes for sale on a typical day

That’s 68% fewer than in 2017–19 and well under 2016’s 143.

2016: 143 for sale’162017: 137 for sale2018: 131 for sale2019: 134 for sale’192020: 92 for sale2021: 64 for sale2022: 59 for sale’222023: 38 for sale2024: 40 for sale2025: 42 for sale’25Last 12 months: 43 for saleNow
Prices by type

Since 2019, houses are up 83%, condos 91%

A house typically sold for $676K in the last year (175 sales), a condo for $392K (40).

$275K$450K$625K$800K201520172019202120232025NowHouses 2015: $347K, 161 salesHouses 2016: $362K, 234 salesHouses 2017: $371K, 225 salesHouses 2018: $364K, 235 salesHouses 2019: $370K, 258 salesHouses 2020: $417K, 311 salesHouses 2021: $471K, 314 salesHouses 2022: $532K, 220 salesHouses 2023: $566K, 152 salesHouses 2024: $598K, 163 salesHouses 2025: $669K, 174 salesHouses last 12 months: $676K, 175 salesHouses $676KCondos 2015: $197K, 47 salesCondos 2016: $197K, 37 salesCondos 2017: $195K, 43 salesCondos 2018: $214K, 53 salesCondos 2019: $205K, 54 salesCondos 2020: $224K, 53 salesCondos 2021: $267K, 62 salesCondos 2022: $306K, 43 salesCondos 2023: $354K, 64 salesCondos 2024: $376K, 55 salesCondos 2025: $390K, 49 salesCondos last 12 months: $392K, 40 salesCondos $392K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 06468, which takes in Monroe and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Before you buy in Monroe

Five things worth knowing

39

New listings in June

The month with the most choice. January has the fewest, about 15.

Best time to buy
A

Schools

The schools grade for Monroe, from test results, graduation and how much students grow.

Schools in Monroe
34 min

Typical commute

The average one-way trip to work for people who live in Monroe.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Monroe, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Trumbull364$651K$29664%41
Monroe (ZIP 06468)217$633K$27548%50
Sandy Hook122$645K$27548%59
Stepney59$523K$27654%45
East Village53$694K$28540%67
Daniels Farm51$757K$28057%44
Tashua40$780K$28863%43

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

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Questions about buying a home in Monroe

What do homes sell for in Monroe, CT?

217 homes sold in the year to May 2026 at a typical $633K, $275 a square foot. Houses sold for about $676K, condos for about $392K.

Is Monroe a buyer’s or seller’s market?

A balanced market: 58 homes were for sale in May 2026 and 14 sold, about 4.1 months of supply. Buyers paid 100.9% of asking on average.

When is the best time to buy in Monroe?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

Where can I see homes for sale in Monroe?

Zillow, Redfin, Realtor.com and Homes.com all carry Monroe’s MLS listings; the search links above open each one filtered to Monroe.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 06468, which takes in Monroe and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).