48162
Monroe, Michigan.
Monroe, Monroe County, MI · Monroe, MI metro · population 28,156
to buy the typical home at today's mortgage rate — +$672 (+116%) since Jan 2020.
- 1 year
- Up $11,478 +5%
- $227,231$238,709 since Sep 2025
- 5 years
- Up $52,078 +28%
- $186,631$238,709 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48162$1,253
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in zip 48162 rose 5.1% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Monroe, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48162
Against the Monroe, MI metro and the national benchmark.
- 48162$1,289
- Monroe$1,277
- United States$1,932
Typical home value — 48162
Mid-tier homes, smoothed and seasonally adjusted.
- 48162$238,709
- Monroe$270,413
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 4.1 | 48161 | Monroe | 26,304 | $1,127 | $202,473 |
| 6.3 | 48117 | Carleton | 10,262 | — | $335,118 |
| 7.5 | 48166 | Newport | 14,056 | — | $212,335 |
| 7.7 | 48159 | Maybee | 2,578 | — | $289,104 |
| 7.7 | 48145 | La Salle | 2,904 | — | $279,299 |
| 9.4 | 48140 | Ida | 3,664 | — | $326,508 |
| 10.1 | 48157 | Luna Pier | 1,244 | — | $191,935 |
| 10.5 | 48179 | South Rockwood | 3,209 | — | $317,818 |
| 11.7 | 48164 | New Boston | 9,576 | — | $343,924 |
| 12.2 | 48131 | Dundee | 8,637 | — | $296,380 |
| 12.5 | 48134 | Flat Rock | 23,935 | $1,508 | $313,255 |
| 12.5 | 48133 | Erie | 7,085 | — | $255,291 |
| 12.9 | 48191 | Willis | 4,403 | — | $302,010 |
| 13.8 | 48182 | Temperance | 20,179 | $2,026 | $300,109 |
| 13.8 | 48173 | Rockwood | 12,931 | — | $268,124 |
| 14.2 | 49270 | Petersburg | 5,567 | — | $314,526 |
| 14.6 | 48190 | Whittaker | 76 | — | $231,362 |
| 15.1 | 48160 | Milan | 13,972 | — | $308,284 |
| 15.4 | 48111 | Belleville | 44,709 | $1,439 | $307,227 |
| 16.4 | 48183 | Trenton | 41,765 | $1,656 | $255,740 |
| 17.4 | 48144 | Lambertville | 10,507 | — | $310,446 |
| 17.6 | 48174 | Romulus | 32,211 | $1,518 | $216,230 |
| 18.1 | 43611 | Toledo | 18,664 | $1,208 | $156,935 |
| 18.3 | 43612 | Toledo | 28,480 | $1,060 | $118,193 |
| 18.5 | 48138 | Grosse Ile | 10,344 | — | $396,346 |
| 18.5 | 49238 | Deerfield | 1,914 | — | $237,660 |
| 18.7 | 48193 | Riverview | 16,119 | $1,298 | $246,753 |
| 19.2 | 48197 | Ypsilanti | 66,525 | $1,227 | $342,282 |
| 19.6 | 43613 | Toledo | 30,780 | $1,058 | $160,054 |
| 20.0 | 43608 | Toledo | 13,593 | $1,058 | $54,526 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.