Foreclosure Homes in Monroe, LA

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5 View this home at Taylor Dr Monroe LA 71203
Foreclosure NEW
$54,900 List Price

3 Bed | 2 Bath | 2,176 Sq. Ft.

1 View this home at Barbara Dr Monroe LA 71203
$197,500 List Price

3 Bed | 2 Bath | 1,736 Sq. Ft.

View this home at Rowland Rd Monroe LA 71203
$90,258 EMV

3 Bed | 2 Bath

1 View this home at Lakeview Dr Monroe LA 71203
$217,000 List Price

4 Bed | 2 Bath | 2,148 Sq. Ft.

View this home at Mcgowen Rd Monroe LA 71203
$195,000 List Price

3 Bed | 3 Bath

1 View this home at Braebend Dr Monroe LA 71203
$62,500 List Price

4 Bed | 2 Bath | 2,760 Sq. Ft.

1 View this home at Forsythe Ave Monroe LA 71201
$359,500 List Price

3 Bed | 2 Bath | 2,420 Sq. Ft.

View this home at Medra Dr Monroe LA 71202
$99,000 List Price

3 Bed | 1 Bath

6 View this home at Dick Taylor St Monroe LA 71202
$14,900 List Price

3 Bed | 1 Bath

View this home at Liner Dr Monroe LA 71203
Preforeclosure NEW
$184,239 EMV

3 Bed | 2 Bath | 1,274 Sq. Ft.

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Home Value Estimator For Monroe, LA

There are currently 13,330 real estate properties in Monroe, LA, with a median automated valuation model (AVM) price of $176,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroe, LA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monroe, LA, is $215,508.00, with the most expensive house in Monroe, LA, topping out at $5,642,000.00 and the cheapest home in Monroe, LA, clocking in at $12,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroe, LA!

Rent Prices In Monroe, LA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroe, LA, is on a rollercoaster ride. The average rent price in Monroe, LA, is $1,323.00. Indeed, when looking to rent in Monroe, LA, you can expect to pay as little as $470.00 or as much as $2,260.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Monroe, LA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Monroe, LA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Monroe, LA area at Get information on foreclosure homes for rent, how to buy foreclosures in Monroe, LA and much more. Save thousands at closing with home foreclosure listings in Monroe, LA — up to 75% off market value!

Top Reasons To Live In Monroe, LA In 2023

Monroe is located in Ouachita, Louisiana, with an estimated municipal population of 47,294 residents. All of the best foreclosed homes for sale in Monroe are located in the following zip code areas on 71209 71203 71202 71201 71207 71210 71212 71213 71217. The estimated population per square kilometer (.62 miles) in Monroe is 623.

Cost Of Living In Monroe, LA

So, about how much do homes cost in Monroe? The most recent median value of resident-owned homes in Monroe is 135,955. An estimated 42.8 percent of households in Monroe own their homes, with an average family size of 3.58. The median household income in Monroe is 30,438, with13.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Monroe, the median commute time of resident workers (in minutes) is 15.3. And last, but certainly not least, are you looking for homes to rent in Monroe? If so, the average rent price paid by renters in Monroe is 702, according to recent statistics.

Diversity And Demographics In Monroe, Louisiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Monroe, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Monroe is 32.7, split between 47 percent male versus 53 female. The percentage of residents who report being married in Monroe is 28.8, with an average family size of 3.58.

The percentage of residents who report their race in Monroe is as follows:

White 33.9%
Black / African American 62.2%
Asian 0.8%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 1.9%

Looking for family-friendly neighborhoods in and/or near Monroe? Or maybe you are searching for 55+ active adult communities in and/or near Monroe?

The percentage of residents who report their age in Monroe is as follows:

Under 10 15.4%
Aged 10-19 16.4%
20s 14.8%
30s 12.2%
40s 11.1%
50s 10.2%
60s 10.1%
70s 6%
80+ 4.1%

Best Schools In Monroe, Louisiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Monroe with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monroe.

Pros And Cons Of Living In Monroe, Louisiana

How do you know that living in -- or moving to -- Monroe is right where you need to be? Perhaps you grew up in Monroe or already live nearby; therefore, the decision to buy a home in Monroe is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monroe for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Monroe:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monroe.

Reasons To Move To Monroe, Louisiana, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monroe can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monroe, meanwhile, can field multiple offers from more qualified buyers.

Monroe, LA Foreclosures


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