Why Live in Monroe
Monroe, Georgia, a small town with a population of 15,000, is renowned as the "Antiques Capital of Georgia" due to its numerous antique stores and historic downtown, which is listed on the National Register of Historic Places. The town's slower pace and proximity to major employers attract many homebuyers, particularly young families working at nearby manufacturers or commuting to Athens and Atlanta. Downtown Monroe, centered around Broad and Spring streets, features popular antique shops like The Cotton Depot, local restaurants, and the Monroe-Walton Center for the Arts. The area also has a golf cart ordinance, allowing residents to navigate the town conveniently. Monroe offers various things to do, including live concerts at Town Green, a 3-acre park hosting a summer concert series and annual events. Childers Park, a 17-acre space with a dog park and walking trail, is a local favorite, especially during festive seasons. The Monroe Golf and Country Club and Hard Labor Creek State Park provide additional recreational opportunities. Historic neighborhoods near downtown showcase Neoclassical, Queen Anne, bungalow, and farmhouse styles, with mature trees lining the yards. Walton County Public Schools and George Walton Academy are highly rated, serving the educational needs of the community. Monroe is well-connected via Highway 78, with Athens 26 miles northeast and Atlanta 46 miles west. The town experiences hot summers, mild winters, and occasional tropical storms. While Monroe reports lower violent crime rates than the national average, property crime rates have seen a slight increase. The city operates its utilities and invests in infrastructure improvements through a local sales tax.
Frequently Asked Questions
What is the average home price in Monroe, GA?
Homes for sale in Monroe, GA have an average home price of $503,193.
How many homes have sold over the last 12 months in Monroe, GA?
1,324 homes have sold in Monroe, GA over the last 12 months.
What are the most popular zip codes in Monroe, GA?
How much do you need to make to afford a house in Monroe?
The median home price in Monroe is $449,900. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Monroe.
How are the schools in Monroe, GA?
Home Trends in Monroe, GA
On average, homes in Monroe, GA sell after 63 days on the market compared to the national average of 51 days. The median sale price for homes in Monroe, GA over the last 12 months is $416,500, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$416,500
Median Single Family Sale Price
$449,900
Median Townhouse Sale Price
$109,900
Median 2 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
305
Last 12 months Home Sales
1,324
Median List Price
$449,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
