What the Pros Know
Market Snapshot
Zip Code 48131 | Monroe County, MI
7,978
Population
YoY
202238.2
Median Age
YoY
2022$77,297
Median Household Income
YoY
2022$302,500
Median Sale Price
6.1% MoM
1.9% YoY
7/202428
Homes Sold
3.7% MoM
16.7% YoY
7/20240.5
Months Inventory
27.3% MoM
37.5% YoY
7/202429
Days on Market
700 MoM
900 YoY
7/202414
Listings
7.7% MoM
30.0% YoY
7/202498.3%
Sale Price to List Price
0.9% MoM
2.8% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.