Why Live in Monroe Center
Monroe Center is a quiet, rural bedroom community offering a peaceful atmosphere with more space, privacy, and less noise compared to urban areas. Located close to Rockford, Monroe Center has a crime rate significantly lower than the national average. The neighborhood is conveniently situated near Interstate 39, making Rockford and Rochelle accessible within a 15-minute drive. Chicago Rockford International Airport is 17 miles north, while Chicago O'Hare International Airport is 74 miles east. The area lacks public transportation, so residents rely on cars for commuting. Homes in Monroe Center are diverse, including farmhouses, workers' cottages, ranch-style homes, bungalows, split-levels, Cape Cods, and newer traditional homes and Colonial Revivals on larger lots. The median lot size is 3.5 acres, with homes near the main intersection having smaller yards. Monroe Center is served by the well-rated Meridian Community Unit School District No. 223, with Meridian Junior High School and Stillman Valley High School both receiving high ratings. Local dining options include Cruisin I-39 and Maddog's Bar & Grill, while more extensive shopping and dining are available in Rockford and Rochelle. Recreational opportunities are limited to a small local park, with additional options available in nearby nature centers and forest preserves in Rockford.
Frequently Asked Questions
What is the average home price in Monroe Center, IL?
Homes for sale in Monroe Center, IL have an average home price of $288,523.
How many homes have sold over the last 12 months in Monroe Center, IL?
25 homes have sold in Monroe Center, IL over the last 12 months.
What are the most popular zip codes in Monroe Center, IL?
How much do you need to make to afford a house in Monroe Center?
The median home price in Monroe Center is $260,950. If you put a 20% down payment of $52,200 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $58K a year to afford the median home price in Monroe Center.
How are the schools in Monroe Center, IL?
Home Trends in Monroe Center, IL
On average, homes in Monroe Center, IL sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Monroe Center, IL over the last 12 months is $290,000, up 61% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$265,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
1
Last 12 months Home Sales
25
Median List Price
$260,950
Median Change From 1st List Price
-4%
Median Home Sale Price YoY Change
61%