Is Monroe, WI 53566 a buyer’s or seller’s market?
Monroe is a seller’s market. With about 2.3 months of supply and 37% 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.
More competitive than 56% of U.S. ZIP codes, and #224 of 319 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
The Monroe housing market right now
In the three months ending August 31, 2026, 37% of homes in Monroe, WI 53566 sold above their list price, the typical home went under contract in 57 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 64 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold more slowly (47 days then) and the median sale price rose 8% to $282,378. Overall, Monroe is about as competitive as it was a year ago.
Within Green County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Monroe ranks #224 of 319 WI ZIP codes with enough sales (score 55 out of 100).
Nearby, buyers who want less competition could look at Browntown 53522 (0% sold over asking) or Monticello 53570 (20% sold over asking), while Brooklyn 53521 (57% sold over asking) is even more competitive.
Run the numbers for 53566
Nearby markets
Albany 53502Balanced $220 /sq ftBrooklyn 53521Seller’s market $263 /sq ftBrowntown 53522Buyer’s market $158 /sq ftJuda 53550 — /sq ft Browse all markets →Towns like Monroe nearby
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Questions about Monroe real estate
Is Monroe a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Monroe, WI 53566 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 57 days in the latest three months.
Do homes in Monroe sell over asking?
37% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Monroe?
About 1.60% of a home’s value a year in Green County, or roughly $6,400 on a $400,000 home.
What is the median home price in Monroe?
The median sale price was $282,378 in the three months ending August 31, 2026, about $156 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