Skip to main content

ME area data

Monroe, ME

Monroe, ME.

Population: 1,001 (Census ACS)

The median home value in Monroe, ME is $291,329 — down 1.3% over the past year. Homes sell for a median $361,000 after a median 25 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with icestorm, winterweather, hurricane the top-rated hazards. Cost of living is 3.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$291,329

Median home value

-1.3%

1-year change

25

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$291,329
1-year appreciation
-1.3%
3-year appreciation
+4.1%
5-year appreciation
+15.2%
All-time peak (2025-04)
$301,624
House Price Index (state)
499.0 (+1.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$361,000
Median list price
$249,900
Median price per sqft
$191
1-year sale-price change
+24.3%
Median days on market
25 days
Homes sold (recent period)
4
For-sale inventory
5
Sale-to-list ratio
101.6%
Active listings
7
New listings (monthly)
2

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,132/mo
1BR fair-market rent
$1,148/mo
2BR fair-market rent
$1,367/mo
3BR fair-market rent
$1,766/mo
4BR fair-market rent
$1,981/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
97.0 (100 = US avg)
Electricity rate (state-level)
27.8¢/kWh
Natural gas rate (state-level)
$19.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Avg student-teacher ratio
10.6 : 1
Schools include
Monroe Elementary School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
iceStorm, winterWeather, hurricane, lightning
Notable hazard ratings (county)
drought: Relatively Low · coldWave: Relatively Low · iceStorm: Relatively High · hurricane: Relatively Moderate · lightning: Relatively Moderate · strongWind: Relatively Low
Wildfire risk to homes (county)
Higher than 5% of US counties
Buildings in wildfire direct-exposure zone
89.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
West Site/Hows Corners (18.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
49.0 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

National parks within ~60 mi
2
Nearest national park
Frances Perkins National Monument (38 mi)
National parks include
Frances Perkins National Monument, Acadia National Park
Airports within 30 mi
23
Nearest airport
Belfast Municipal Airport (8 mi)
Nearest major airport
Bangor International Airport (BGR) (28 mi)
Hospitals nearby (~15 mi)
13
Hospitals include
ST JOSEPH HOSPITAL, NORTHERN LIGHT EASTERN MAINE MEDICAL CENTER, DOROTHEA DIX PSYCHIATRIC CENTER
Avg hospital rating (CMS)
3.2 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+299 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,992
Housing built before 1970
24.0%
Housing built 2000 or later
25.5%
Median annual property tax
$2,207
Households with broadband internet
40.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
9,684
Average weekly wage
$1,114
Top industries (by employment)
Health Care, Management, Accommodation & Food
Annual residential building permits (county)
167

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MonroeState medianUS median
Median home value$291,329$341,768$288,527
Median sale price$361,000$415,000$325,000
Median days on market25 days55 days51 days
Median annual property tax$2,207$2,264$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Monroe, ME?
$291,329.
What is the median sale price in Monroe, ME?
$361,000.
How long do homes take to sell in Monroe, ME?
Median days on market: 25 days.
What is typical rent in Monroe, ME?
2-bedroom fair-market rent: $1,367/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Monroe, ME?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: iceStorm, winterWeather, hurricane, lightning.
What is the wildfire risk in Monroe, ME?
Risk to homes is higher than 5% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Monroe, ME?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Monroe, ME?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Monroe, ME?
1 schools (1 elementary) (NCES, 2022-23).
What is the cost of living in Monroe, ME?
Regional Price Parity: 97.0 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Monroe

Listing a home in Monroe, ME?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents