MONROE Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Monroe averaged 7.1% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.81% and one month ago for the week of 2024-05-30, the average rate was 7.38%.

Monroe's average rate one year ago was 6.66%.

For refis of the same type during the week of 2024-07-03, the average rate was 6.87%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Monroe 30 Year Fixed Rate 2024-07-03 7.1%
Monroe 30 Year Fixed Rate Refi 2024-07-03 6.87%
Monroe 15 Year Fixed Rate 2024-07-03 6.05%
Monroe 15 Year Fixed Rate Refi 2024-07-03 6.55%
Monroe 30 Year FHA 2024-07-03 6.87%
Monroe 30 Year FHA Refi 2024-07-03 6.82%
Monroe 30 Year USDA 2024-07-03 6.41%
Monroe 30 Year USDA Refi 2024-07-03 6.74%
Monroe 30 Year VA 2024-07-03 6.9%
Monroe 30 Year VA Refi 2024-07-03 6.38%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within MONROE, LA.

MONROE Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the MONROE, LA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Origin Bank 94 6.92% $4,383
Eagle Bank and Trust Company 78 6.73% $5,223
QUICKEN LOANS, LLC 45 6.75% $6,656
CENTRIC 43 7.89% $4,024
MOVEMENT MORTGAGE, LLC 41 6.93% $4,725
Assurance Financial Group, L.L.C. 28 6.81% $6,923
GMFS LLC 28 6.94% $4,173
JPMorgan Chase Bank 26 7.37% $2,541
First Horizon Bank 17 6.76% $4,596
NEWREZ LLC 16 7.00% $4,341
DSLD MORTGAGE, LLC 15 5.99% $1,211
ACADEMY MORTGAGE CORPORATION 11 7.09% $7,955
BancorpSouth 11 6.82% $5,445
Century Next Bank 10 6.18% $5,594
Regions Bank 10 6.86% $4,428
LOANDEPOT.COM, LLC 8 6.68% $6,946
21ST MORTGAGE CORPORATION 8 7.98% $6,163
Bank of America 5 6.38% $6,667
UNION HOME MORTGAGE CORP. 5 6.35% $3,576
HOMESIDE FINANCIAL, LLC 5 7.19% $5,170
UNITED WHOLESALE MORTGAGE, LLC 5 6.78% $7,286
NAVY FEDERAL CREDIT UNION 4 5.66% $4,361
Wells Fargo Bank 4 6.47% $6,122
BARKSDALE 3 6.00% $6,378
STOCKTON MORTGAGE CORPORATION 3 7.63% $4,038
Citizens Bank 3 6.58% $3,923
Ouachita Valley Federal Credit Union 3 7.38% $4,348
The Huntington National Bank 2 6.13% $6,990
AMERICAN PACIFIC MORTGAGE CORPORATION 2 7.12% $4,908
BETTER MORTGAGE CORPORATION 2 6.69% $4,695
BMO Harris Bank 2 5.88% $8,362
FREEDOM MORTGAGE CORPORATION 2 7.50% $6,474
PENNYMAC LOAN SERVICES, LLC 2 6.44% $7,077
PLANET HOME LENDING, LLC 2 6.31% $3,736
STANDARD MORTGAGE CORPORATION 2 7.44% $3,493
GSF Mortgage Corporation 1 6.50% $5,217
HOMEWAY MORTGAGE LLC 1 7.38% $4,466
HOMEXPRESS MORTGAGE CORP. 1 7.88% $15,226
Ixonia Bank 1 6.50% $5,391
Gateway First Bank 1 6.38% $9,464
FirstTrust Home Loans, Inc. 1 7.63% $4,675
Merchants Bank of Indiana 1 7.50% $7,021
Mortgage Research Center, LLC 1 6.99% $3,515
FIDELITY BANK 1 9.50% $17,714
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $7,290
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.88% $8,924
DEEPHAVEN MORTGAGE LLC 1 9.50% $28,959
Citadel Servicing Corporation 1 10.63% $6,976
CARTER FEDERAL CREDIT UNION 1 7.13% $4,523
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.50% $5,373
ALLIANT CREDIT UNION 1 6.63% $4,276
PNC Bank 1 6.50% $5,289
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.75% $7,524
CARDINAL FINANCIAL 1 5.63% $6,118
RED RIVER EMPLOYEES 1 7.13% $3,437
Campus Federal Credit Union 1 5.50% $8,729
RELIANCE FIRST CAPITAL, LLC 1 7.38% $6,420
SOUTHWEST STAGE FUNDING, LLC 1 10.85% $9,045
Wolfe Financial, Inc 1 7.50% $6,098
BNC National Bank 1 5.88% $3,077
The Citizens National Bank of Meridian 1 7.50% $3,953
The Federal Savings Bank 1 6.50% $10,120
ANECA Federal Credit Union 1 6.00% $7,167
THE MORTGAGE FIRM, INC. 1 6.99% $5,457
THRIVE MORTGAGE, LLC 1 7.13% $3,591
AMERISAVE MORTGAGE CORPORATION 1 6.13% $6,895
American Mortgage & Equity Consultants, Inc. 1 6.75% $4,489
USAA Federal Savings Bank 1 6.75% $4,513
U.S. Bank 1 6.50% $0
GUARANTEED RATE AFFINITY, LLC 1 6.13% $0
GUARANTEED RATE, INC. 1 7.35% $5,599
Hancock Whitney Bank 1 7.13% $7,128

MONROE Average Closing Costs & Other Stats

MONROE, LA's 72 lenders originated 2,593 loans during 2023. The total origination value was $494,565,000, with an average loan value of $190,731.

MONROE's average closing costs are $5,193.

The top MONROE lender as defined by loan originations is Origin Bank, with 94 loans originated. Their average total fees are $4,383, which is $840 lower than the next largest lender, Eagle Bank and Trust Company.

The lowest fee MONROE lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC ($1,211), JPMorgan Chase Bank ($2,541), CENTRIC ($4,024), GMFS LLC ($4,173) and NEWREZ LLC ($4,341).

The lowest rate MONROE lenders (with over 10 loans originated) are DSLD MORTGAGE, LLC (5.99%), Century Next Bank (6.18%), Eagle Bank and Trust Company (6.73%), QUICKEN LOANS, LLC (6.75%) and First Horizon Bank (6.76%).

MONROE, LA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Origin Bank $76,400,000 $50,375,000 -34.1% 10.2%
Eagle Bank and Trust Company $59,485,000 $41,365,000 -30.5% 8.4%
Guaranty Bank & Trust Company of Delhi, Louisiana $64,380,000 $34,530,000 -46.4% 7.0%
Cedar Rapids Bank and Trust Company $23,940,000 n/a 4.8%
QUICKEN LOANS, LLC $33,425,000 $20,105,000 -39.9% 4.1%
Assurance Financial Group, L.L.C. $28,100,000 $19,405,000 -30.9% 3.9%
MOVEMENT MORTGAGE, LLC $24,735,000 $17,815,000 -28.0% 3.6%
HOMELAND BANCSHARES $22,720,000 $16,240,000 -28.5% 3.3%
Century Next Bank $28,235,000 $15,900,000 -43.7% 3.2%
GMFS LLC $33,030,000 $14,205,000 -57.0% 2.9%
BancorpSouth $22,865,000 $11,310,000 -50.5% 2.3%
CENTRIC $12,990,000 $11,125,000 -14.4% 2.2%
GREYSTONE SERVICING COMPANY LLC $11,005,000 n/a 2.2%
Regions Bank $7,735,000 $10,310,000 33.3% 2.1%
Marion State Bank $27,300,000 $10,265,000 -62.4% 2.1%
NEWREZ LLC $13,305,000 $9,515,000 -28.5% 1.9%
Progressive Bank $22,730,000 $9,100,000 -60.0% 1.8%
Mortgage Research Center, LLC $10,470,000 $8,935,000 -14.7% 1.8%
DSLD MORTGAGE, LLC $4,835,000 $8,920,000 84.5% 1.8%
21ST MORTGAGE CORPORATION $6,195,000 $8,345,000 34.7% 1.7%
First Horizon Bank $13,610,000 $7,725,000 -43.2% 1.6%
First National Bank $10,330,000 $6,940,000 -32.8% 1.4%
Cross Keys Bank $30,215,000 $6,900,000 -77.2% 1.4%
UNITED WHOLESALE MORTGAGE, LLC $10,420,000 $6,165,000 -40.8% 1.2%
JPMorgan Chase Bank $11,750,000 $5,755,000 -51.0% 1.2%
ACADEMY MORTGAGE CORPORATION $7,580,000 $3,645,000 -51.9% 0.7%
LOANDEPOT.COM, LLC $6,100,000 $3,600,000 -41.0% 0.7%
b1BANK $5,020,000 $3,405,000 -32.2% 0.7%
Bank of America $5,795,000 $2,660,000 -54.1% 0.5%
NAVY FEDERAL CREDIT UNION $2,450,000 $2,590,000 5.7% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,220,000 $2,550,000 109.0% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $545,000 $2,440,000 347.7% 0.5%
Ouachita Valley Federal Credit Union $3,080,000 $2,390,000 -22.4% 0.5%
STOCKTON MORTGAGE CORPORATION $2,090,000 n/a 0.4%
HOMESIDE FINANCIAL, LLC $330,000 $1,845,000 459.1% 0.4%
CROSSCOUNTRY MORTGAGE, LLC $1,215,000 $1,840,000 51.4% 0.4%
FREEDOM MORTGAGE CORPORATION $3,515,000 $1,835,000 -47.8% 0.4%
Gateway First Bank $2,785,000 $1,820,000 -34.6% 0.4%
TRIAD FINANCIAL SERVICES, INC. $3,015,000 $1,800,000 -40.3% 0.4%
UNION HOME MORTGAGE CORP. $525,000 $1,755,000 234.3% 0.4%
Wells Fargo Bank $6,075,000 $1,715,000 -71.8% 0.3%
EUSTIS AND AMERICAN MORTGAGE COMPANY $1,240,000 $1,710,000 37.9% 0.3%
SECURITYNATIONAL MORTGAGE COMPANY $1,615,000 n/a 0.3%
PLANET HOME LENDING, LLC $2,335,000 $1,610,000 -31.0% 0.3%
The Huntington National Bank $955,000 $1,340,000 40.3% 0.3%
PENNYMAC LOAN SERVICES, LLC $3,225,000 $1,270,000 -60.6% 0.3%
Citizens Bank $6,770,000 $1,215,000 -82.1% 0.2%
Merchants Bank of Indiana $12,365,000 $1,200,000 -90.3% 0.2%
EVERETT FINANCIAL, INC. $550,000 $1,080,000 96.4% 0.2%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $955,000 $1,075,000 12.6% 0.2%
BARKSDALE $450,000 $1,020,000 126.7% 0.2%
BROKER SOLUTIONS, INC. $440,000 $1,020,000 131.8% 0.2%
Carrington Mortgage Services, LLC $2,050,000 $990,000 -51.7% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $3,175,000 $890,000 -72.0% 0.2%
Gibsland Bank & Trust Company $1,040,000 $880,000 -15.4% 0.2%
DEEPHAVEN MORTGAGE LLC $265,000 $865,000 226.4% 0.2%
UNITED BUILT HOMES, L.L.C. $490,000 $825,000 68.4% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $790,000 $820,000 3.8% 0.2%
AMERISAVE MORTGAGE CORPORATION $1,110,000 $815,000 -26.6% 0.2%
FIDELITY BANK $1,670,000 $815,000 -51.2% 0.2%
CARDINAL FINANCIAL $855,000 $765,000 -10.5% 0.2%
USAA Federal Savings Bank $1,305,000 $730,000 -44.1% 0.1%
Discover Bank $370,000 $700,000 89.2% 0.1%
Equity Prime Mortgage LLC $480,000 $680,000 41.7% 0.1%
BMO Harris Bank $670,000 n/a 0.1%
United Community Bank $1,110,000 $645,000 -41.9% 0.1%
CSL Financial, LLC $535,000 $595,000 11.2% 0.1%
NEW DAY FINANCIAL, LLC $2,235,000 $570,000 -74.5% 0.1%
Barrington Bank & Trust Company, N.A. $170,000 $560,000 229.4% 0.1%
FIRST COLONY MORTGAGE CORPORATION $560,000 n/a 0.1%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $710,000 $560,000 -21.1% 0.1%
U.S. Bank $575,000 $555,000 -3.5% 0.1%
Magnolia Bank $510,000 $540,000 5.9% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $510,000 n/a 0.1%
SOUTHWEST STAGE FUNDING, LLC $575,000 $505,000 -12.2% 0.1%
Sabine State Bank and Trust Company $420,000 $490,000 16.7% 0.1%
The Federal Savings Bank $450,000 $485,000 7.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $475,000 n/a 0.1%
FINANCE OF AMERICA REVERSE LLC $470,000 n/a 0.1%
BOM Bank $205,000 $450,000 119.5% 0.1%
COUNTRYPLACE MORTGAGE, LTD. $390,000 $450,000 15.4% 0.1%
BETTER MORTGAGE CORPORATION $480,000 $415,000 -13.5% 0.1%
Southern Heritage Bank $715,000 $415,000 -42.0% 0.1%
CIS Financial Services, Inc. $925,000 $410,000 -55.7% 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $1,085,000 $405,000 -62.7% 0.1%
Coastal Community Bank $395,000 n/a 0.1%
THE MORTGAGE FIRM, INC. $380,000 n/a 0.1%
RELIANCE FIRST CAPITAL, LLC $250,000 $365,000 46.0% 0.1%
The Citizens National Bank of Meridian $365,000 n/a 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,980,000 $350,000 -82.3% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,150,000 $345,000 -70.0% 0.1%
FirstTrust Home Loans, Inc. $450,000 $330,000 -26.7% 0.1%
ANECA Federal Credit Union $1,140,000 $305,000 -73.2% 0.1%
Campus Federal Credit Union $315,000 $285,000 -9.5% 0.1%
First Guaranty Bank $870,000 $285,000 -67.2% 0.1%
GUARANTEED RATE AFFINITY, LLC $630,000 $285,000 -54.8% 0.1%
SPRING EQ, LLC $165,000 $280,000 69.7% 0.1%
CRESCENT MORTGAGE COMPANY $1,740,000 $275,000 -84.2% 0.1%
LONGBRIDGE FINANCIAL, LLC $370,000 $275,000 -25.7% 0.1%
Washington State Bank $270,000 n/a 0.1%
HOMEWAY MORTGAGE LLC $165,000 $265,000 60.6% 0.1%
LAKEVIEW LOAN SERVICING, LLC $1,455,000 $265,000 -81.8% 0.1%
BNC National Bank $245,000 $255,000 4.1% 0.1%
GUARANTEED RATE, INC. $255,000 n/a 0.1%
PIERREMONT MORTGAGE, INC. $255,000 n/a 0.1%
PNC Bank $255,000 n/a 0.1%
CARTER FEDERAL CREDIT UNION $235,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $850,000 $230,000 -72.9% 0.0%
ALLIANT CREDIT UNION $225,000 n/a 0.0%
STANDARD MORTGAGE CORPORATION $515,000 $220,000 -57.3% 0.0%
Nations Lending Corporation $685,000 $215,000 -68.6% 0.0%
AEROSPACE FEDERAL CREDIT UNION $205,000 n/a 0.0%
SUMMIT FUNDING, INC. $205,000 n/a 0.0%
EASTMAN $195,000 n/a 0.0%
Hancock Whitney Bank $1,635,000 $195,000 -88.1% 0.0%
VILLAGE CAPITAL MORTGAGE $570,000 $195,000 -65.8% 0.0%
American Mortgage & Equity Consultants, Inc. $185,000 n/a 0.0%
Bank of England $565,000 $185,000 -67.3% 0.0%
MIDLAND MORTGAGE CORPORATION $185,000 n/a 0.0%
Paramount Residential Mortgage Group, Inc. $1,160,000 $185,000 -84.1% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $2,535,000 $185,000 -92.7% 0.0%
South Louisiana Bank $185,000 n/a 0.0%
THRIVE MORTGAGE, LLC $185,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $185,000 n/a 0.0%
Home Federal Bank $330,000 $175,000 -47.0% 0.0%
NATIONS DIRECT MORTGAGE, LLC $215,000 $175,000 -18.6% 0.0%
Peoples Bank $175,000 n/a 0.0%
PLAZA HOME MORTGAGE, INC. $175,000 n/a 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $175,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $315,000 $165,000 -47.6% 0.0%
NBKC BANK $215,000 $165,000 -23.3% 0.0%
RED RIVER EMPLOYEES $270,000 $160,000 -40.7% 0.0%
Generations Bank $155,000 n/a 0.0%
Pelican State Credit Union $645,000 $150,000 -76.7% 0.0%
PHH Mortgage Corporation $420,000 $145,000 -65.5% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $205,000 $135,000 -34.1% 0.0%
Figure Lending LLC $215,000 $135,000 -37.2% 0.0%
Ixonia Bank $135,000 n/a 0.0%
SOUTHPOINT FINANCIAL SERVICES, INC. $135,000 n/a 0.0%
Citadel Servicing Corporation $125,000 n/a 0.0%
GSF Mortgage Corporation $275,000 $125,000 -54.5% 0.0%
GUILD MORTGAGE COMPANY $420,000 $125,000 -70.2% 0.0%
MID AMERICA MORTGAGE, INC. $255,000 $125,000 -51.0% 0.0%
Southern Bancorp Bank $390,000 $125,000 -67.9% 0.0%
Wolfe Financial, Inc $125,000 n/a 0.0%
Red River Bank $1,280,000 $115,000 -91.0% 0.0%
LIMA ONE CAPITAL, LLC $145,000 $95,000 -34.5% 0.0%
La Capitol Federal Credit Union $105,000 $90,000 -14.3% 0.0%
MEMBER FIRST MORTGAGE, LLC $85,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $195,000 $85,000 -56.4% 0.0%
Colfax Banking Company $55,000 n/a 0.0%
CATAHOULA LASALLE BANK $45,000 n/a 0.0%

MONROE's top lender by overall market share is Origin Bank, with 10.2% market share. In second place, with 8.4%, is Eagle Bank and Trust Company, having originated $41,365,000 in loans. In third place, with 7.0%, is Guaranty Bank & Trust Company of Delhi, Louisiana, having originated $34,530,000 in loans. In fourth place, with 4.8%, is Cedar Rapids Bank and Trust Company, having originated $23,940,000 in loans. In fifth place, with 4.1%, is QUICKEN LOANS, LLC, having originated $20,105,000 in loans.


MONROE Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - MONROE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $187,500 (2.8%) $228,320 (-0.8%) 0.70 881
2018-02-01 $185,000 (2.8%) $223,473 (-3.3%) 0.67 937
2018-03-01 $185,900 (3.4%) $223,521 (-1.9%) 0.65 951
2018-04-01 $185,475 (0.3%) $223,703 (-3.2%) 0.63 1,015
2018-05-01 $190,000 (0.5%) $226,054 (-2.3%) 0.63 1,060
2018-06-01 $193,500 (-0.8%) $231,702 (-0.7%) 0.65 1,046
2018-07-01 $198,000 (3.3%) $235,190 (1.1%) 0.66 1,099
2018-08-01 $192,500 (2.8%) $233,286 (0.6%) 0.64 1,118
2018-09-01 $191,500 (1.5%) $233,005 (0.1%) 0.64 1,107
2018-10-01 $187,875 (-0.3%) $229,028 (-1.4%) 0.64 1,098
2018-11-01 $185,000 (-2.8%) $226,731 (-2.7%) 0.63 1,068
2018-12-01 $184,900 (-5.2%) $224,592 (-2.4%) 0.64 999
2019-01-01 $186,125 (-0.7%) $227,845 (-0.2%) 0.64 957
2019-02-01 $187,250 (1.2%) $227,088 (1.6%) 0.63 1,010
2019-03-01 $190,714 (2.6%) $229,648 (2.7%) 0.62 1,068
2019-04-01 $196,750 (6.1%) $232,914 (4.1%) 0.62 1,124
2019-05-01 $195,000 (2.6%) $230,386 (1.9%) 0.61 1,137
2019-06-01 $194,950 (0.8%) $231,020 (-0.3%) 0.61 1,120
2019-07-01 $196,100 (-1.0%) $232,987 (-0.9%) 0.61 1,135
2019-08-01 $195,032 (1.3%) $231,934 (-0.6%) 0.62 1,110
2019-09-01 $191,780 (0.2%) $230,085 (-1.3%) 0.61 1,090
2019-10-01 $192,486 (2.5%) $232,607 (1.6%) 0.62 1,041
2019-11-01 $199,250 (7.7%) $236,941 (4.5%) 0.65 988
2019-12-01 $199,900 (8.1%) $237,368 (5.7%) 0.67 932
2020-01-01 $207,750 (11.6%) $239,627 (5.2%) 0.69 714
2020-02-01 $199,900 (6.8%) $231,669 (2.0%) 0.65 706
2020-03-01 $199,900 (4.8%) $230,519 (0.4%) 0.63 670
2020-04-01 $199,450 (1.4%) $229,181 (-1.6%) 0.62 637
2020-05-01 $209,000 (7.2%) $236,523 (2.7%) 0.64 577
2020-06-01 $209,998 (7.7%) $243,949 (5.6%) 0.62 566
2020-07-01 $215,000 (9.6%) $247,460 (6.2%) 0.62 536
2020-08-01 $219,000 (12.3%) $263,520 (13.6%) 0.63 521
2020-09-01 $214,925 (12.1%) $264,025 (14.8%) 0.62 489
2020-10-01 $219,900 (14.2%) $267,446 (15.0%) 0.63 454
2020-11-01 $218,864 (9.8%) $264,481 (11.6%) 0.64 419
2020-12-01 $219,675 (9.9%) $263,476 (11.0%) 0.65 382
2021-01-01 $210,000 (1.1%) $262,871 (9.7%) 0.63 348
2021-02-01 $207,500 (3.8%) $265,241 (14.5%) 0.60 326
2021-03-01 $219,900 (10.0%) $270,142 (17.2%) 0.62 285
2021-04-01 $230,700 (15.7%) $267,328 (16.7%) 0.62 258
2021-05-01 $229,000 (9.6%) $266,419 (12.6%) 0.61 235
2021-06-01 $231,700 (10.3%) $279,402 (14.5%) 0.61 247
2021-07-01 $239,900 (11.6%) $298,300 (20.5%) 0.63 262
2021-08-01 $240,500 (9.8%) $303,470 (15.2%) 0.64 274
2021-09-01 $239,375 (11.4%) $308,450 (16.8%) 0.64 257
2021-10-01 $229,000 (4.1%) $290,209 (8.5%) 0.61 217
2021-11-01 $221,600 (1.3%) $306,736 (16.0%) 0.59 206
2021-12-01 $231,750 (5.5%) $312,309 (18.5%) 0.63 203
2022-01-01 $246,500 (17.4%) $306,023 (16.4%) 0.67 187
2022-02-01 $260,723 (25.7%) $315,793 (19.1%) 0.68 175
2022-03-01 $254,975 (16.0%) $300,594 (11.3%) 0.64 176
2022-04-01 $260,000 (12.7%) $310,949 (16.3%) 0.62 169
2022-05-01 $249,950 (9.2%) $294,123 (10.4%) 0.57 181
2022-06-01 $247,000 (6.6%) $289,553 (3.6%) 0.55 216
2022-07-01 $250,000 (4.2%) $300,403 (0.7%) 0.56 235
2022-08-01 $253,225 (5.3%) $321,084 (5.8%) 0.59 257
2022-09-01 $253,725 (6.0%) $322,550 (4.6%) 0.59 263
2022-10-01 $245,000 (7.0%) $337,213 (16.2%) 0.58 258
2022-11-01 $239,450 (8.1%) $322,927 (5.3%) 0.58 284
2022-12-01 $238,450 (2.9%) $310,828 (-0.5%) 0.59 287
2023-01-01 $238,500 (-3.3%) $299,300 (-2.2%) 0.59 257
2023-02-01 $243,500 (-6.6%) $312,148 (-1.2%) 0.59 254
2023-03-01 $241,250 (-5.4%) $311,463 (3.6%) 0.57 272
2023-04-01 $240,000 (-7.7%) $303,732 (-2.3%) 0.56 263
2023-05-01 $243,720 (-2.5%) $304,524 (3.5%) 0.55 287
2023-06-01 $246,575 (-0.2%) $309,551 (6.9%) 0.55 296
2023-07-01 $259,000 (3.6%) $319,101 (6.2%) 0.59 314
2023-08-01 $251,290 (-0.8%) $316,131 (-1.5%) 0.58 334
2023-09-01 $250,000 (-1.5%) $312,911 (-3.0%) 0.58 336
2023-10-01 $249,500 (1.8%) $307,231 (-8.9%) 0.59 334
2023-11-01 $244,000 (1.9%) $304,974 (-5.6%) 0.58 362
2023-12-01 $240,000 (0.7%) $303,713 (-2.3%) 0.59 365
2024-01-01 $236,500 (-0.8%) $297,523 (-0.6%) 0.58 350
2024-02-01 $239,925 (-1.5%) $291,893 (-6.5%) 0.58 349
2024-03-01 $250,000 (3.6%) $299,160 (-4.0%) 0.59 360
2024-04-01 $259,000 (7.9%) $313,081 (3.1%) 0.60 377
2024-05-01 $268,375 (10.1%) $337,027 (10.7%) 0.61 377
2024-06-01 $259,000 (5.0%) $340,487 (10.0%) 0.58 387
MONROE's median listing price for 2024-06-01 was $259,000, a difference of $12,425 (5.0%) versus the prior year and $-9,375 versus the prior month.

MONROE's median listing price comes in at 58% of the national average.

MONROE's average listing price for 2024-06-01 was $340,487, a difference of $30,936 (10.0%) versus the prior year and $3,460 versus the prior month.

For the 2024-06-01 period, MONROE had 387 MLS listings, a difference of 10 listings (3%) versus the prior month and 91 listings (31%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - MONROE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 100 days 1,976 sqft
2018-02-01 98 days 1,943 sqft
2018-03-01 93 days 1,950 sqft
2018-04-01 80 days 1,962 sqft
2018-05-01 74 days 1,961 sqft
2018-06-01 72 days 1,983 sqft
2018-07-01 72 days 1,985 sqft
2018-08-01 73 days 1,947 sqft
2018-09-01 80 days 1,939 sqft
2018-10-01 86 days 1,906 sqft
2018-11-01 92 days 1,909 sqft
2018-12-01 102 days 1,914 sqft
2019-01-01 116 days 1,923 sqft
2019-02-01 109 days 1,926 sqft
2019-03-01 93 days 1,937 sqft
2019-04-01 77 days 1,950 sqft
2019-05-01 78 days 1,943 sqft
2019-06-01 81 days 1,970 sqft
2019-07-01 84 days 1,960 sqft
2019-08-01 89 days 1,951 sqft
2019-09-01 93 days 1,939 sqft
2019-10-01 94 days 1,954 sqft
2019-11-01 99 days 1,978 sqft
2019-12-01 107 days 1,981 sqft
2020-01-01 115 days 1,990 sqft
2020-02-01 120 days 1,922 sqft
2020-03-01 106 days 1,936 sqft
2020-04-01 96 days 1,941 sqft
2020-05-01 91 days 2,012 sqft
2020-06-01 83 days 2,005 sqft
2020-07-01 63 days 2,006 sqft
2020-08-01 65 days 2,010 sqft
2020-09-01 74 days 2,026 sqft
2020-10-01 79 days 2,082 sqft
2020-11-01 90 days 2,060 sqft
2020-12-01 88 days 2,049 sqft
2021-01-01 86 days 2,050 sqft
2021-02-01 79 days 2,068 sqft
2021-03-01 71 days 2,074 sqft
2021-04-01 69 days 2,090 sqft
2021-05-01 50 days 2,052 sqft
2021-06-01 44 days 2,081 sqft
2021-07-01 44 days 2,044 sqft
2021-08-01 43 days 2,075 sqft
2021-09-01 50 days 2,019 sqft
2021-10-01 66 days 2,009 sqft
2021-11-01 58 days 1,937 sqft
2021-12-01 58 days 1,953 sqft
2022-01-01 60 days 1,971 sqft
2022-02-01 48 days 2,064 sqft
2022-03-01 50 days 2,076 sqft
2022-04-01 44 days 2,064 sqft
2022-05-01 32 days 2,010 sqft
2022-06-01 31 days 2,027 sqft
2022-07-01 40 days 2,096 sqft
2022-08-01 52 days 2,114 sqft
2022-09-01 59 days 2,103 sqft
2022-10-01 54 days 2,114 sqft
2022-11-01 52 days 2,051 sqft
2022-12-01 60 days 1,951 sqft
2023-01-01 82 days 1,930 sqft
2023-02-01 83 days 1,966 sqft
2023-03-01 60 days 2,010 sqft
2023-04-01 60 days 2,000 sqft
2023-05-01 53 days 1,984 sqft
2023-06-01 57 days 2,001 sqft
2023-07-01 64 days 2,073 sqft
2023-08-01 61 days 2,015 sqft
2023-09-01 65 days 2,017 sqft
2023-10-01 67 days 2,020 sqft
2023-11-01 71 days 2,020 sqft
2023-12-01 75 days 1,981 sqft
2024-01-01 90 days 1,950 sqft
2024-02-01 87 days 1,981 sqft
2024-03-01 66 days 1,985 sqft
2024-04-01 57 days 2,036 sqft
2024-05-01 58 days 2,067 sqft
2024-06-01 64 days 2,016 sqft
MONROE's median listing age (time on market) for 2024-06-01 was 64 days. This is 13% longer than the same period one year ago.

MONROE's median square footage for active listings during the 2024-06-01 period was 2,016 sqft. One year prior, the average listing was 2,001 sqft.

MONROE, LA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
71201 Monroe, LA HUD Metro FMR Area $680 $680 $900 $1,120 $1,210
71202 Monroe, LA HUD Metro FMR Area $590 $590 $780 $970 $1,050
71203 Monroe, LA HUD Metro FMR Area $720 $720 $950 $1,180 $1,280
71207 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71209 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71210 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71211 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71213 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71222 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010
71225 Monroe, LA HUD Metro FMR Area $720 $720 $950 $1,180 $1,280
71227 Monroe, LA HUD Metro FMR Area $680 $680 $900 $1,120 $1,210
71229 Monroe, LA HUD Metro FMR Area $670 $670 $830 $1,050 $1,350
71234 Monroe, LA HUD Metro FMR Area $650 $650 $860 $1,060 $1,150
71235 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010
71238 Monroe, LA HUD Metro FMR Area $650 $650 $850 $1,060 $1,150
71240 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71241 Monroe, LA HUD Metro FMR Area $600 $610 $800 $990 $1,070
71256 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010
71260 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010
71277 Monroe, LA HUD Metro FMR Area $570 $570 $760 $940 $1,010
71280 Monroe, LA HUD Metro FMR Area $830 $830 $1,080 $1,350 $1,510
71281 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71291 Monroe, LA HUD Metro FMR Area $730 $740 $970 $1,200 $1,300
71292 Monroe, LA HUD Metro FMR Area $610 $620 $810 $1,010 $1,090
71294 Monroe, LA HUD Metro FMR Area $670 $680 $890 $1,100 $1,200
71418 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010
71749 Monroe, LA HUD Metro FMR Area $560 $560 $740 $920 $1,010

2022 Average & Median Rent Data Statistics
MONROE, LA average 1BR rent: $649, median: $680
MONROE, LA average 2BR rent: $852, median: $890
MONROE, LA average 3BR rent: $1,057, median: $1,100

MONROE, LA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,674 $347,700,000 $207,706
Refi 487 $96,485,000 $198,121
Cash Out Refi 213 $28,895,000 $135,657
Home Improvement 117 $13,015,000 $111,239
Other 102 $8,470,000 $83,039

Monroe's most frequently cited loan purpose was Home Purchase, with 1,674 originations. The 2nd most popular reason was Refi, with 487 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 720 $147,460,000 $204,806
7-8% 537 $96,815,000 $180,289
Over 8% 460 $55,330,000 $120,283
5-6% 252 $55,470,000 $220,119
<2.5% 15 $75,000 $5,000
4-5% 15 $2,805,000 $187,000
2.5-3% 9 $935,000 $103,889
3-4% 5 $765,000 $153,000

During 2023, Monroe's most frequently originated rate bucket was 6-7%, with 720 originations.

Loan Sizing (MONROE, LA MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 961 $141,685,000 $147,435
$100,000 or less 840 $48,230,000 $57,417
$200k-400k 632 $167,010,000 $264,256
$400k-600k 102 $49,370,000 $484,020
$600k-1000k 32 $23,550,000 $735,938
$Over $1MM 26 $64,720,000 $2,489,231

MONROE's loan sizing saw the bucket of loans from $100k-200k with 961 originations, totaling $141,685,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,129 $233,925,000 $207,197
60-80% 359 $80,275,000 $223,607
40-60% 160 $25,200,000 $157,500
20-40% 155 $12,035,000 $77,645
Under 20% 144 $6,630,000 $46,042
Over 100% 47 $10,265,000 $218,404

MONROE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,129 originations, totaling $233,925,000 in origination value.