Is Monroe, NC 28112 a buyer’s or seller’s market?

The Monroe housing market right now

In the three months ending August 31, 2026, 10% of homes in Monroe, NC 28112 sold above their list price, the typical home went under contract in 61 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 123 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (57 days then) and the median sale price held steady to $402,326. Overall, Monroe is less competitive than a year ago, which gives buyers more room.

Within Union County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Monroe ranks #265 of 424 NC ZIP codes with enough sales (score 27 out of 100).

Nearby, Matthews 28104 (26% sold over asking) and Indian Trail 28079 (17% sold over asking) are even more competitive.