Monroe, Connecticut.
Typical home $635,550 (+8.8% in a year). Bridgeport-Stamford-Norwalk, CT metro.
to buy the typical home at today's mortgage rate — +$2,014 (+152%) since Jan 2020.
- 1 year
- Up $51,520 +9%
- $584,030$635,550 since Sep 2025
- 5 years
- Up $179,144 +39%
- $456,405$635,550 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.
- Monroe$3,336
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Monroe, CT rose 8.8% over the past year — faster than the nation's +1.2%.
Living in Monroe, Connecticut
Monroe is a town in . Half its households earn more than $157,250 a year and half less; 3% of its people live below the poverty line. 96% of its homes are lived in by their owners and 4% are rented. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Monroe is a town in Connecticut where most homes are lived in by their owners, and the typical resident is well into middle age. Home values are high, and household incomes are high as well, while few residents live below the poverty line. Winters are cold, with January the coldest month, and summers are warm. Rain and melted snow fall steadily through the year.
Work. Many residents work in schools, hospitals and social care, and a good number work in manufacturing, professional and business services, or local shops. A large share of adults hold a four-year degree. Commutes are on the longer side for many people, and only a small share of residents work from home.
Things to do. Yale University Art Gallery is one of the best known museums in the area, a longer drive away. Closer to town, Paugussett State Forest and Indian Well State Park are both protected areas a short drive away, good places for a walk among trees and open land.
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- 6,209households
- 43.5median age
- 57%of adults have a degree
- 3%below the poverty line
- 34 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 36° and lows near 18°; warmest in July, with highs near 82° and lows near 63°. About 52 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Ansonia Northeast weather station, 7 miles away (NOAA).
Natural hazards
- Coastal floodingVery high
- Strong windRelatively high
- HurricanesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively high
- Ice stormsRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Bridgeport-Stamford-Norwalk, CT metro.
Monroe home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Monroe$635,550
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 3 Monroe listings, and the typical home goes pending in 27 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Monroe29.07%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Monroe27
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Monroe74
New listings per month
Sellers arriving at the market.
- Monroe23
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Monroe$626,455
- United States$371,553
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Monroe100.94%
Zip codes with a Monroe address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Monroe — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.