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Monroe, NC
Full City Profile · North Carolina · Mecklenburg County County
3.0
/5.0
B
Good
35,596
Population
1,106/sq mi density
$67,265
Median Income
$29,277 per capita
$270,600
Home Value
$348,131 Zillow
$1,216
Median Rent
31.3% income on rent
61°F
Avg Temperature
320 sunny days/yr
932
Violent Crime/100K
5,279 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$67,265 median income, 3.5% unemployment
A
Affordability
4.4 / 5.0
$270,600 home value, $1,216/mo rent
F
Safety
1.0 / 5.0
932 violent crimes/100K (145% above avg)
C+
Education
2.7 / 5.0
21.6% bachelor's degree or higher
Housing Overview
Median Home Value
$270,600
4% below
US avg: $281,900
Median Rent
$1,216/mo
5% above
US avg: $1,163/mo
Homeownership Rate
58.4%
11% below US avg (65.4%)
Total Housing Units
12,621
Median year built: 1989
Home Value by Source
Census Median
$270,600
Zillow (ZHVI)
$348,131
Median Sale Price
$388,250
Median List Price
$420,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.4%
Owner-Occupied
41.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,216/mo
· Zillow rent:
$2,013/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
46
Price Drops
34.3%
of listings with price reduction
Price Per Sq Ft
$206
Active Inventory
204
homes for sale
Affordability & Housing Stock
Rent Burden
31.3%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
58.4%
Complete Housing Data
Home Values
| Census Median Value | $270,600 |
| Zillow Home Value (ZHVI) | $348,131 |
| Median Sale Price | $388,250 |
| Median List Price | $420,000 |
| Price Per Sq Ft | $206 |
Rent
| Census Median Rent | $1,216 |
| Zillow Rent (ZORI) | $2,013 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 72 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 34.3% |
| Homes Sold | 46 |
| Active Inventory | 204 |
| Price Per Sq Ft | $206 |
Ownership & Stock
| Owner-Occupied | 58.4% |
| Renter-Occupied | 41.6% |
| Homeownership Rate | 58.4% |
| Total Housing Units | 12,621 |
| Median Year Built | 1989 |
| Rent Burden | 31.3% |