The median home value in Monroe, LA is $62,250. This is lower than the county median home value of $185,000. The national median home value is $308,980. The average price of homes sold in Monroe, LA is $62,250. Approximately 42% of Monroe homes are owned, compared to 47% rented, while 11% are vacant. Monroe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Monroe real estate agent to arrange a tour today! Learn more about Monroe Real Estate.