Is Monroe, LA 71201 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Monroe is a seller’s market. With about 2.2 months of supply and 9% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score42/ 100

More competitive than 41% of U.S. ZIP codes, and #20 of 160 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.2Under 4 months = seller’s market

Sold above original list9.1%Share of sales, last 3 months

Median sale-to-list97.5%Sold price ÷ list price

Median days on market30Listing to accepted offer

Median price per sq ft$130▲ +8.9% vs. last year

Run the numbers for 71201

Prefilled for 71201Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71201Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Calhoun 71225Seller’s market $170 /sq ft Monroe 71202Balanced $66 /sq ft Monroe 71203Seller’s market $132 /sq ft West Monroe 71291Seller’s market $144 /sq ft Browse all markets →

More tools for 71201

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology