Is Monroe, CT 06468 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 2.8 months of supply and 52% 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 score75/ 100

More competitive than 80% of U.S. ZIP codes, and #157 of 197 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 supply2.8Under 4 months = seller’s market
Sold above original list52%Share of sales, last 3 months
Median sale-to-list101.8%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$275▲ +1.1% vs. last year

The Monroe housing market right now

In the three months ending August 31, 2026, 52% of homes in Monroe, CT 06468 sold above their list price, the typical home went under contract in 45 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 56%, homes sold more slowly (42 days then) and the median sale price rose 2% to $619,732. Overall, Monroe is less competitive than a year ago, which gives buyers more room.

Within Fairfield County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Monroe ranks #157 of 197 CT ZIP codes with enough sales (score 75 out of 100).

Nearby, buyers who want less competition could look at Bridgeport 06605 (25% sold over asking) or Sherman 06784 (31% sold over asking), while Wilton 06897 (83% sold over asking) and Stamford 06906 (78% sold over asking) are even more competitive.

Nearby markets

Bethel 06801Seller’s market $296 /sq ftBridgeport 06604Balanced $210 /sq ftBridgeport 06605Seller’s market $277 /sq ftBridgeport 06606Seller’s market $271 /sq ft Browse all markets →

Where Monroe is

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Questions about Monroe real estate

Is Monroe a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Monroe, CT 06468 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Monroe?

The typical home went under contract in 45 days in the latest three months.

Do homes in Monroe sell over asking?

52% of homes sold above their original list price, and the typical sale closed at 101.8% of the list price.

What is the median home price in Monroe?

The median sale price was $619,732 in the three months ending August 31, 2026, about $275 per square foot.

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