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Monroe WIPhoto: SD Dirk · CC BY 2.0
Housing in Monroe

150 homes sold in Monroe in the last year, at a typical $240K

Almost every sale is a house. 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
150
June 2025 to May 2026
Typical sale price
$240K
houses $241K · condos $241K
Price per square foot
$156
Wisconsin $194
Paid vs. asking
97.7%
23% sold over asking
For sale now
32
May 2026 · 12 sold that month
What sold · last 12 months

9% of Monroe’s sales are condos, at $0K less than a house

132 houses and 14 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$241K

typical sale · 132 sold in 12 months

Per square foot
$153WI $196
Days to sell
58
Sold over asking
23%
Listings with a price cut
28%
Condos$241K

typical sale · 14 sold in 12 months

Per square foot
$174WI $209
Days to sell
56
Sold over asking
0%
Listings with a price cut
63%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $265K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at twice the 2016 price

150 sales in the last year, against 171 in 2015 and a low of 123 in 2024. The typical sale went from $120K in 2016 to $240K.

Homes soldTypical sale price
050100150200$150K$200K$250K$300K2015: 171 sold, typical $114K’152016: 156 sold, typical $120K2017: 171 sold, typical $136K’172018: 163 sold, typical $140K2019: 152 sold, typical $147K’192020: 168 sold, typical $161K2021: 170 sold, typical $187K’212022: 138 sold, typical $207K2023: 138 sold, typical $204K’232024: 123 sold, typical $231K2025: 146 sold, typical $237K’25Last 12 months: 150 sold, typical $240KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Monroe

Houseat $153 a sq ft
Condoat $174 a sq ft
The same money in Wisconsinat $196 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 · 11 years of sales

Bidding wars in Monroe are back to pre-pandemic levels, with about as many homes for sale

We read every month of Monroe’s home sales since 2015 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, 150 sales.

If you’re buying in Monroe

  • Shop in March. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • You can negotiate. 26% of listings have cut their price, against 16% before the pandemic.
  • Offer under asking. Buyers paid 97.7% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 58 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 18 a month), but June is the most competitive: 35% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (20%). January has the least competition (15%) but only about 10 new listings.

New listings a monthShare sold over asking
0510152013%27%40%Sweet spotJan: 10 new listings a month, 15% sold over asking, 71 days to sellJFeb: 10 new listings a month, 15% sold over asking, 74 days to sellFMar: 17 new listings a month, 20% sold over asking, 63 days to sellMApr: 17 new listings a month, 25% sold over asking, 63 days to sellAMay: 15 new listings a month, 22% sold over asking, 55 days to sellMJun: 17 new listings a month, 35% sold over asking, 59 days to sellJJul: 18 new listings a month, 32% sold over asking, 53 days to sellJAug: 18 new listings a month, 31% sold over asking, 55 days to sellASep: 15 new listings a month, 34% sold over asking, 52 days to sellSOct: 16 new listings a month, 30% sold over asking, 58 days to sellONov: 9 new listings a month, 25% sold over asking, 63 days to sellNDec: 7 new listings a month, 15% sold over asking, 62 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Wisconsin

Monroe now2017–192021 peakWI now
Sold over askingShare of sales that closed above the list price23%19%40%38%
Gone within two weeksShare of homes under contract within 14 days33%40%53%46%
Listings with a price cutShare of homes for sale that cut their price26%16%16%18%
Price paid vs. askingAverage sale price ÷ list price97.7%97.4%99.7%99.6%
Days to sellMedian days from listing to contract58585251
Supply

36 homes for sale on a typical day

That’s 1.7 times the 2023 low (21), about the 2017–19 level and well under 2015’s 65.

2015: 65 for sale’152016: 46 for sale2017: 35 for sale2018: 32 for sale’182019: 32 for sale2020: 32 for sale2021: 26 for sale’212022: 24 for sale2023: 21 for sale2024: 33 for sale’242025: 37 for saleLast 12 months: 36 for saleNow
Room to negotiate

1 in 4 listings has cut its price

26% in the last year, against 16% in 2017–19 and 18% across Wisconsin. More sellers are pricing high and coming down.

2015: 16%’152016: 19%2017: 15%2018: 14%’182019: 19%2020: 10%2021: 16%’212022: 14%2023: 13%2024: 13%’242025: 18%Last 12 months: 26%Now
Prices by type

Since 2019, houses are up 62%, condos 42%

A house typically sold for $241K in the last year (132 sales), a condo for $241K (14).

$75K$150K$225K$300K201420162018202020222024NowHouses 2014: $109K, 20 salesHouses 2015: $115K, 147 salesHouses 2016: $119K, 138 salesHouses 2017: $137K, 149 salesHouses 2018: $140K, 142 salesHouses 2019: $148K, 133 salesHouses 2020: $162K, 147 salesHouses 2021: $190K, 156 salesHouses 2022: $201K, 125 salesHouses 2023: $205K, 125 salesHouses 2024: $232K, 114 salesHouses 2025: $239K, 128 salesHouses last 12 months: $241K, 132 salesHouses $241KCondos 2015: $128K, 11 salesCondos 2016: $143K, 10 salesCondos 2017: $162K, 12 salesCondos 2018: $148K, 12 salesCondos 2019: $170K, 10 salesCondos 2020: $168K, 13 salesCondos 2021: $191K, 4 salesCondos 2022: $234K, 10 salesCondos 2023: $240K, 10 salesCondos 2024: $280K, 6 salesCondos 2025: $234K, 16 salesCondos last 12 months: $241K, 14 salesCondos $241K

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

Across Wisconsin

Monroe ranks 150th of 158 busy Wisconsin markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Monroe is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Monroe home costs about $1,620 a month

Mortgage
Property tax
Insurance
Rent

Price: Monroe’s typical sale, last 12 months. Property tax at Monroe’s 1.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Monroe is affordable on local pay is on Cost of living.

Before you buy in Monroe

Six things worth knowing

18

New listings in August

The month with the most choice. December has the fewest, about 7.

Best time to buy
1.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $240K home, about $4,400 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Monroe
18 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

Lake Summerset and Lena sell for less a square foot; New Glarus and Belleville for far more

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
Monroe150$240K$15623%58
Belleville94$395K$21047%71
Lake Summerset65$299K$11615%62
New Glarus39$356K$20015%77
Orfordville37$312K$18719%95
Brodhead36$239K$17636%64
Lena31$208K$12413%30

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?

Post your home to Monroe, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Monroe. People who follow the town see it, and so do people comparing Monroe with their own town. No commission, no listing fee.

Questions about buying a home in Monroe

What do homes sell for in Monroe, WI?

150 homes sold in the year to May 2026 at a typical $240K, $156 a square foot. Houses sold for about $241K, condos for about $241K.

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

A seller’s market: 32 homes were for sale in May 2026 and 12 sold, about 2.7 months of supply. Buyers paid 97.7% of asking on average, and 26% of listings cut their price.

When is the best time to buy in Monroe?

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

How much are property taxes in Monroe?

About 1.8% of a home’s value a year. On a $240K home that’s near $4,400.

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). 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).