Monroe home prices rose in April

Medium realestate4

The median sale price of a home sold in April in Monroe rose by $84,500 while total sales decreased by 1.8 percent, according to

In April, there were 54 homes sold, with a median sale price of $354,500 - a 31.3 percent increase over the $270,000 median sale price for the same period of the previous year. There were 55 homes sold in Monroe in April 2021.

The median sales tax in Monroe for the most recent year with available data, 2019, was $1,109, approximately 0.3 percent of the median home sale price for April.

The following table compares Monroe to other Union County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Hemby Bridge220$458,500$307,00049.3
Mint Hill10-$452,000$0-
Indian Trail514415.9$400,000$345,00015.9
Lake Park36-50$398,500$274,50045.2
Mineral Springs4333.3$305,000$275,00010.9

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