Is Monroe, UT 84754 a buyer’s or seller’s market?

The Monroe housing market right now

In the three months ending August 31, 2026, 13% of homes in Monroe, UT 84754 sold above their list price, the typical home went under contract in 69 days and there were 5 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 16 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (37 days then) and the median sale price fell 13% to $378,336. Overall, Monroe is less competitive than a year ago, which gives buyers more room.

Within Sevier County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Monroe ranks #90 of 110 UT ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Koosharem 84744 (0% sold over asking) or Sigurd 84657 (0% sold over asking), while Glenwood 84730 (100% sold over asking) and Joseph 84739 (100% sold over asking) are even more competitive.