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Foreclosure Homes in Monroe, MI

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Conant-ave-Monroe-MI-48161
Foreclosure
$44,324 EMV

Conant Ave
Monroe, MI 48161

| 1 Bath | 1,158 Sq. Ft.

22 Heiss-rd-Monroe-MI-48162
Foreclosure
$195,000 List Price

Heiss Rd
Monroe, MI 48162

4 Bed | 2 Bath

Toll-st-Monroe-MI-48162
Preforeclosure
$128,095 EMV

Toll St
Monroe, MI 48162

1 Lakeview-st-Monroe-MI-48162
Preforeclosure
$79,985 EMV

Lakeview St
Monroe, MI 48162

3 Bed | 1 Bath | 1,000 Sq. Ft.

Marion-dr-Monroe-MI-48162
Preforeclosure
$80,750 EMV

Marion Dr
Monroe, MI 48162

2 Bed | 1 Bath | 1,101 Sq. Ft.

Winston-dr-Monroe-MI-48161
Preforeclosure
$99,451 EMV

Winston Dr
Monroe, MI 48161

3 Bed | 1 Bath | 993 Sq. Ft.

7 Baptiste-ave-#-3-Monroe-MI-48162
Preforeclosure

Baptiste Ave # 3
Monroe, MI 48162

3 Bed | 2.5 Bath | 2,340 Sq. Ft.

S-custer-rd-Monroe-MI-48161
Bankruptcy
$122,995 EMV

S Custer Rd
Monroe, MI 48161

| 1 Bath | 1,008 Sq. Ft.

32 Riverview-ave-Monroe-MI-48162
As-Is Deal NEW
$229,000 List Price

Riverview Ave
Monroe, MI 48162

4 Bed | 3 Bath

20 Reisig-st-Monroe-MI-48161
As-Is Deal
$79,900 List Price

Reisig St
Monroe, MI 48161

2 Bed | 2 Bath | 624 Sq. Ft.

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Foreclosure Homes in Monroe, MI

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


Top Reasons To Live In Monroe, MI In 2021

Monroe is located in Monroe, Michigan, with an estimated municipal population of 19,552 residents. All of the best foreclosed homes for sale in Monroe are located in the following zip code areas on Foreclosure.com: 48162 48161. The estimated population per square kilometer (.62 miles) in Monroe is 834.


Cost Of Living In Monroe, MI

So, about how much do homes cost in Monroe? The most recent median value of resident-owned homes in Monroe is 122,426. An estimated 61.2 percent of households in Monroe own their homes, with an average family size of 3.03. The median household income in Monroe is 46,550, with17 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 21.8. 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 741, according to recent statistics.


Diversity And Demographics In Monroe, Michigan

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 37.6, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Monroe is 44, with an average family size of 3.03.

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

White 89.6%
Black / African American 5.1%
Asian 0.7%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.3%
Other 0.6%

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 13.8%
Aged 10-19 11.5%
20s 13.9%
30s 14.3%
40s 11.3%
50s 12.7%
60s 12.2%
70s 6.2%
80+ 4%

Best Schools In Monroe, Michigan

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, Michigan

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, Michigan, In 2021

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.

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Listing types in Monroe, MI

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