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

$312,785

AVERAGE PRICE OF 150 HOMES

$3,472,750

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$270,638

AVERAGE PRICE OF 11 NEWLY BUILT HOMES

$1,101,625

AVERAGE PRICE OF 8 HOMES WITH A POOL

$171,780

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $312,785
Avg Bedrooms 3.45 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

2 bedrooms $188,356
3 bedrooms $216,797
4 bedrooms $465,189
5 bedrooms $337,786
Monroe Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 141 147 155 153 166
Average Price $327,633 $328,548 $331,597 $344,011 $314,763
Avg Price Change -0.28% -0.93% -3.74% +9.29% +1.92%
Median Price $233,917 $231,106 $230,531 $237,648 $240,789
Med Price Change +1.22% +0.25% -3.09% -1.32% -1.55%
Avg Bedrooms 3.48 beds 3.44 beds 3.42 beds 3.43 beds 3.41 beds
Avg Bathrooms 2.23 baths 2.21 baths 2.19 baths 2.21 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Neville Cy 50 $447,541 97 days
Ouachita O 46 $210,389 91 days
Richwood High 2 $116,000 53 days
Sterlington O 15 $439,640 106 days
Wossman Cy 3 $70,300 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 150 $312,785 89 days
Multi-Million Dollar Homes 2 $3,472,750 150 days
Newly Built Homes 11 $270,638 139 days
Homes with a Pool 8 $1,101,625 107 days
Reduced Price Homes 5 $171,780 57 days
The Harrison Lilly Team at THLT
THLT Realty - 318-667-THLT
Monroe, LA - Licensed by LREC in Louisiana

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