Market Overview
warmMonroe’s median home price (~$418 k) is roughly 20% below Utah’s $525 k average, while homes sell about 22% faster and at a 98.7% sale‑to‑list ratio.- •Median price is $417,972, about 20% cheaper than the state median.
- •Prices rose 2.4% month‑over‑month even as 30‑year mortgage rates climbed to 6.5%.
- •Homes spend only 47 days on market, 22% less time than the Utah average.
- •Sale‑to‑list ratio of 98.7% shows buyers are paying near asking prices.
- •The $140 M food distribution center and $80 M manufacturing facility will add 200+ jobs, likely tightening demand.
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Highlights in Monroe
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Frequently Asked Questions About Monroe Real Estate
As of July 2026, the median home price in Monroe, Utah is $417,972, which is 20.4% below the Utah state median of $525,000. Home prices in Monroe range from $339,000 to $979,000, with an average sale price of $402,997. These figures are based on recent closed transactions in the Monroe real estate market.
Monroe, Utah is currently a warm market that leans slightly toward sellers. Key indicators include an average sale-to-list price ratio of 98.7% and homes spending an average of 47 days on the market. Monroe’s median home price (~$418 k) is roughly 20% below Utah’s $525 k average, while homes sell about 22% faster and at a 98.7% sale‑to‑list ratio.
Homes in Monroe, Utah spend an average of 47 days on the market before going under contract compared to the Utah state average of 61 days (22.9% below average). This is a moderate pace, giving buyers some time to make decisions. Properties that are priced competitively and show well tend to sell fastest.