Monroe, NJ Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Monroe: a median closing price of $470,000 across 271 closings Resideline tracked over the last six months, plus the full price spread.
If you invest in or around Monroe, the number that matters is what homes actually close for, not what sellers are asking. Here is what Monroe sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.
The snapshot
- •Closings tracked, last 6 months: 271
- •Median sold price, last 6 months: $470,000
- •Median sold $/sqft, last 6 months: $284
- •Middle half of sales closed between: $335,000 and $659,000
What the numbers say
Resideline tracked 271 closed sales in Monroe over the last six months, with a median closing price of $470,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $335,000 and $659,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 244 closings with usable living area, the middle half sold between $248 and $342 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Monroe, NJ (August 2026)
The median home price in Monroe is $470,000, measured across the 271 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $335,000 and $659,000.
Where Monroe sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Monroe over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $335,000 and $659,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Contract to closing: a median of 39 days, across 43 Monroe closings Resideline tracked in the last six months
The Monroe angle
In Monroe, the distance from $335,000 to $659,000 is wider than most markets we track, and that single fact should change how much weight you place on $470,000. A citywide midpoint summarises 271 closings of every type and size at once. When the middle half is stretched this far apart, it is a weak anchor for any one address. The asymmetry matters as well. The run from $470,000 up to $659,000 covers more ground than the run down to $335,000, so error is not symmetric: an under-matched comp set drags an estimate toward the more crowded lower portion of the band. The sample here is solid, which is the useful part, because it lets you narrow on property type, living area and condition instead of reaching for citywide figures. Treat $470,000 as context for the page and let matched closings, not the midpoint, carry the valuation.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,508+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Monroe address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Monroe, NJ
Data updated: August 2026
Analysis period: last six months
Tracked closings: 271
Median sold price: $470,000
Median sold $/sqft: $284 (244 qualifying)
https://resideline.com/blog/monroe-nj-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Monroe over the last six months, and is refreshed when the data is.
Frequently Asked Questions
What is the median home price in Monroe?
The median sold price in Monroe over the last 6 months is $470,000, measured across 271 closings Resideline tracked.
What is the typical sale price range in Monroe?
The middle half of Monroe sales over the last six months closed between $335,000 and $659,000, with a median of $470,000.
What is the typical price per square foot in Monroe?
Among qualifying Monroe closings Resideline tracked over the last six months, the median sold price per square foot was $284, measured across 244 sales with usable living area. Median is used rather than average because outliers distort the mean.
Is the Monroe median a sound starting point for one specific property?
Not on its own. The middle half of closings runs from $335,000 to $659,000, a span wider than most markets we track, so $470,000 sits inside a range broad enough to contain very different properties. Use it to confirm an estimate is not absurd, not to produce one. The practical step is to build a comp set matched on type and size out of the 271 tracked closings, then note whether your subject falls above or below $470,000, since the upper portion of the band is the wider of the two.
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