Monroe CT Home Prices & Commission Data 2026
Key Takeaways:
Monroe's median home price of $475,000 reflects 6.2% year-over-year appreciation, positioning it as Fairfield County's strongest value for families seeking top-tier schools on 1+ acre lots
The town's 26.1-square-mile footprint encompasses 7,200 households generating 200-220 annual transactions, with the $400,000-$600,000 segment driving 58% of closings
Agent-side commission averaging $12,113 per transaction combined with minimal competition (18 agents closing 4+/year) creates exceptional income potential relative to farming investment
Monroe's school system — ranked in Connecticut's top 15% — generates 55% of buyer demand from families upgrading from Shelton, Trumbull, and Seymour
US Tech Automations helps agents dominate Monroe's family-driven market with school-district buyer targeting, equity monitoring for long-tenure homeowners, and commission optimization across the town's distinct neighborhood segments
Monroe Home Price Fundamentals
Monroe is a town in Fairfield County, Connecticut, located approximately 65 miles northeast of New York City and bordered by Shelton to the south, Trumbull to the southeast, Easton to the southwest, Newtown to the north, and Oxford to the northwest. The town's character is defined by its 1-acre minimum residential zoning — preserving a semi-rural landscape of wooded lots, horse properties, and family farms that distinguishes Monroe from denser suburban alternatives, according to Fairfield County geographic records.
What are home prices in Monroe CT? According to SmartMLS data, Monroe's median home price of $475,000 reflects strong demand from families who prioritize school quality and property size over proximity to Metro-North commuter rail (Monroe has no train station). The 6.2% year-over-year appreciation outpaces the Fairfield County average (4.2%) and signals growing recognition of Monroe's value proposition: top-15% schools on 1+ acre lots at prices 25% below neighboring Easton, according to market analysis.
| Price Indicator | Monroe CT | Trumbull CT | Shelton CT | Fairfield County |
|---|---|---|---|---|
| Median Sale Price | $475,000 | $515,000 | $430,000 | $625,000 |
| Average Sale Price | $515,000 | $558,000 | $465,000 | $712,000 |
| Price per Square Foot | $205 | $235 | $210 | $298 |
| Median List Price | $489,000 | $535,000 | $445,000 | $649,000 |
| Sale-to-List Ratio | 97.1% | 96.3% | 96.7% | 96.1% |
| YoY Appreciation | +6.2% | +6.8% | +5.5% | +4.2% |
According to SmartMLS data, Monroe's $205 price per square foot is 31% below the Fairfield County average — the widest value gap among Fairfield County towns with top-15% school rankings. This price-per-school-quality ratio is Monroe's most compelling market positioning: families get more house, more land, and equivalent educational quality for less money than any comparable Fairfield County alternative, according to value comparison analysis.
Monroe's $475,000 median price on 1+ acre lots means families earning $130,000 can access 4-bedroom homes with private yards and top-ranked schools — a lifestyle-to-income ratio that excludes the same family from Easton ($595,000), Weston ($875,000), and Newtown ($485,000 with smaller lots), according to affordability analysis.
Price Distribution by Segment
| Price Range | Transaction Share | Buyer Profile | Avg. DOM |
|---|---|---|---|
| Under $350,000 | 8% | Condos, starter | 30 |
| $350,000-$450,000 | 22% | Young families | 28 |
| $450,000-$550,000 | 30% | Core family market | 32 |
| $550,000-$700,000 | 24% | Move-up families | 38 |
| $700,000-$900,000 | 12% | Premium/new build | 48 |
| $900,000+ | 4% | Luxury/horse property | 65 |
Which price segment dominates Monroe CT? According to SmartMLS transaction data, the $400,000-$600,000 range accounts for 58% of all Monroe transactions — the most concentrated core segment among comparable Fairfield County towns. This concentration simplifies farming messaging: the typical Monroe buyer is a dual-income family with 1-2 children, earning $130,000-$170,000, relocating from a smaller home in Shelton, Trumbull, or Seymour for school quality and lot size, according to buyer profile analysis.
According to buyer data, Monroe's $700,000+ premium segment (16% of transactions) includes horse properties on 3-5 acre lots — a niche that generates above-average commissions and attracts buyers from a wider geographic radius. Agents who develop equestrian property expertise can serve this segment without direct competition from volume-focused agents, creating a secondary income stream within the Monroe farming zone.
Price Analysis by Neighborhood
| Neighborhood | Median Price | Price/Sq Ft | Lot Size (Avg.) | Annual Sales |
|---|---|---|---|---|
| Stepney | $525,000 | $220 | 1.3 acres | 35 |
| Stevenson | $495,000 | $212 | 1.5 acres | 30 |
| Monroe Center | $458,000 | $198 | 1.1 acres | 45 |
| Pepper Street area | $440,000 | $192 | 1.2 acres | 35 |
| Route 111 corridor | $465,000 | $205 | 1.0 acres | 28 |
| Great Hollow | $545,000 | $228 | 1.8 acres | 18 |
| Wheeler Road area | $510,000 | $215 | 1.4 acres | 25 |
According to SmartMLS neighborhood data, Monroe's $87,000 intra-town price spread (Monroe Center at $458,000 to Great Hollow at $545,000) creates neighborhood-level farming opportunities. Monroe Center's 45 annual sales and mid-market pricing make it the optimal primary farming zone for most agents — high volume, accessible pricing, and central location. Great Hollow's premium positioning ($545,000 on 1.8-acre lots) serves the horse property and luxury segment with fewer but higher-value transactions, according to neighborhood analysis.
According to SmartMLS data, Stepney neighborhood's $525,000 median and proximity to Masuk High School make it Monroe's most sought-after school-zone neighborhood — homes within 1 mile of Masuk sell 15% faster than the town average, reflecting the premium families place on school walkability.
Historical Price Trends
| Year | Median Price | YoY Change | Annual Sales | Avg. DOM |
|---|---|---|---|---|
| 2021 | $398,000 | +13.8% | 240 | 18 |
| 2022 | $428,000 | +7.5% | 215 | 24 |
| 2023 | $425,000 | -0.7% | 195 | 40 |
| 2024 | $448,000 | +5.4% | 205 | 35 |
| 2025 | $475,000 | +6.2% | 215 | 32 |
According to SmartMLS historical data, Monroe's 2023 correction was minimal at -0.7% — the shallowest among comparable Fairfield County towns — reflecting the school-quality demand floor that insulates Monroe from economic cycles. The 2024-2025 rebound to 5.4% and 6.2% appreciation indicates a market re-entering growth mode driven by fundamental demand (school-quality families) rather than speculative purchasing, according to market cycle analysis.
Is Monroe CT overvalued? According to affordability analysis, Monroe's price-to-income ratio of approximately 3.4x (based on $475,000 median price and $140,000 median household income) is within the sustainable range for school-premium suburban Connecticut communities. The 19.3% five-year cumulative appreciation aligns with income growth in Monroe's professional demographic, suggesting the market is fairly valued rather than overextended, according to valuation analysis.
Commission and Agent Economics
| Commission Metric | Monroe CT | Fairfield County | Connecticut |
|---|---|---|---|
| Average Commission Rate | 5.1% | 5.0% | 5.1% |
| Agent-Side Commission | 2.55% | 2.50% | 2.55% |
| Commission per Transaction | $12,113 | $15,625 | $10,710 |
| Licensed Agents (Area) | 110 | — | — |
| Agents Closing 4+/Year | 18 (16%) | — | 22% |
What can agents earn farming Monroe CT? According to Connecticut Association of Realtors production data, Monroe's $12,113 median commission per transaction, combined with only 18 agents closing 4+ deals annually, creates outsized opportunity for systematic farming agents. An agent achieving 10 annual transactions earns $121,130 in GCI — placing them among Monroe's top 10 producers and establishing market authority that generates referral-based growth, according to production modeling.
| Farming Strategy | Monthly Cost | Est. Deals | Annual GCI |
|---|---|---|---|
| Starter Farm (500 homes) | $700 | 3-5 | $36,340-$60,565 |
| Growth Farm (1,500 homes) | $1,200 | 8-12 | $96,905-$145,358 |
| Dominant Farm (2,500+ homes) | $1,800 | 15-20 | $181,698-$242,264 |
According to NAR farming ROI data, Monroe's farming economics are exceptionally favorable: the $1,200/month investment in a 1,500-home growth farm that generates 8-12 annual transactions yields $96,905-$145,358 in GCI — a 7-10x return on marketing investment. The low competition (18 agents closing 4+/year) means farming investment faces less direct opposition than in more saturated markets. US Tech Automations commission tracking dashboards monitor per-farm ROI monthly, ensuring marketing spend correlates to production.
Demographic Foundation for Pricing
| Demographic Factor | Monroe CT | Fairfield County | Price Support |
|---|---|---|---|
| Median Household Income | $140,000 | $105,000 | Supports $475K median |
| Population | 20,200 | 957,000 | Stable family town |
| Median Age | 41.5 | 40.1 | Family-stage peak |
| Households with Children | 42% | 33% | School demand driver |
| Owner-Occupancy | 90% | 67% | Long-tenure stability |
According to Census Bureau data, Monroe's $140,000 median household income provides the fundamental economic support for $475,000 median home prices — a 3.4x price-to-income ratio that falls within the sustainable range for family-oriented Connecticut suburbs. The 42% households-with-children rate (9 points above county average) confirms that school quality is the dominant demand driver, creating a price floor that persists through economic cycles, according to demographic-economic analysis.
What is the demographic profile of Monroe CT? According to Census data, Monroe's 41.5 median age — slightly above the county average — reflects a population in prime family-formation and school-enrollment years. The 90% owner-occupancy rate (23 points above county) indicates committed homeowners who maintain their properties and contribute to neighborhood stability — the foundation of strong property values, according to demographic analysis.
Buyer Affordability Analysis
| Income Level | Max Purchase Price | Monroe Options | Buyer Share |
|---|---|---|---|
| $100,000 | $360,000 | Limited/condos | 10% |
| $130,000 | $470,000 | Core market entry | 28% |
| $160,000 | $580,000 | Premium neighborhoods | 30% |
| $200,000 | $720,000 | Premium/new build | 20% |
| $250,000+ | $900,000+ | Luxury/horse property | 12% |
According to Census Bureau income and mortgage qualification data, Monroe's $475,000 median requires approximately $130,000 household income with 20% down and no significant debt — achievable for dual-income professional households from the Route 8/I-95 employment corridor. The 58% of buyers earning $130,000-$200,000 confirms that Monroe's core market is solidly middle-to-upper-middle-class professional families, according to affordability and income analysis.
Property Tax Analysis
| Tax Component | Rate | Annual Tax on $475,000 Home |
|---|---|---|
| Town of Monroe | 32.86 mills | $15,609 |
| Fire District | Included | — |
| Education | Included | — |
| Total Effective Rate | 32.86 mills | $15,609 |
According to the Monroe Tax Assessor's office, the town's 32.86 mill rate is below both Trumbull (34.49 mills) and Shelton (35.10 mills) — creating a tax advantage that compounds the value proposition of Monroe's lower price point. On a $475,000 home, Monroe residents pay $15,609 annually vs. $17,762 in Trumbull and $15,093 in Shelton (on Shelton's lower $430,000 median) — Monroe delivers comparable school quality at lower total housing cost, according to tax comparison data.
How do Monroe property taxes compare to nearby towns? According to Connecticut Office of Policy and Management data, Monroe's 32.86 mill rate ranks among the lowest in the Trumbull-Shelton-Monroe corridor. When expressed as annual dollars on each town's median home, Monroe's $15,609 is the lowest — a data point agents should quantify in buyer consultations, especially for families comparing Monroe to Trumbull ($17,762) and Newtown ($16,450), according to tax burden analysis.
According to Monroe tax records, the town's 70% assessment ratio and declining mill rate trend (from 34.12 in 2023 to 32.86 in 2025) reflect growing commercial tax base contributions that reduce residential tax burden — a positive fiscal trajectory that supports property values.
School System Impact on Pricing
| School Metric | Monroe CT | Shelton CT | Trumbull CT | Seymour CT |
|---|---|---|---|---|
| GreatSchools Rating | 8/10 | 7/10 | 8/10 | 5/10 |
| Niche Grade | A- | B+ | A- | B- |
| Per-Pupil Spending | $18,800 | $17,500 | $19,200 | $16,200 |
| Graduation Rate | 96% | 92% | 95% | 88% |
| SAT Average | 1210 | 1140 | 1220 | 1060 |
According to Connecticut State Department of Education data, Monroe's 8/10 GreatSchools rating and A- Niche grade match Trumbull — the primary competitor for school-motivated families — while Monroe delivers equivalent quality at $40,000 lower median price and $2,153 lower annual taxes. This school-quality-per-dollar value proposition is the most powerful marketing message available to Monroe farming agents, according to educational comparison analysis.
USTA Platform Comparison for Monroe
| Feature | US Tech Automations | kvCORE | BoomTown | Follow Up Boss |
|---|---|---|---|---|
| School-District Buyer Targeting | Grade-level content automation | Generic | No | No |
| Long-Tenure Equity Monitoring | Per-property value tracking | No | No | No |
| Commission ROI Dashboard | Per-farm profit analysis | No | No | No |
| Horse Property Marketing | Equestrian-specific campaigns | No | No | No |
| Cross-Town Buyer Pipeline | Shelton/Trumbull/Seymour routing | Basic | Limited | Basic |
| Monthly Cost | $149–$399 | $499+ | $750+ | $399+ |
How to Farm Monroe CT Effectively
Focus on the $400,000-$600,000 core segment that drives 58% of transactions. According to SmartMLS data, this concentrated range allows targeted messaging — US Tech Automations price-segment automation delivers neighborhood-specific content to homeowners in each price tier.
Build a Shelton/Seymour-to-Monroe buyer pipeline targeting families seeking school upgrades. According to buyer data, 35% of Monroe buyers come from adjacent towns with lower school rankings — capturing this traffic before they engage Monroe agents creates competitive advantage.
Develop Monroe vs. Trumbull comparison content as a buyer decision tool. The school equivalence (both A-/8/10) at $40,000 lower median price and $2,153 lower annual taxes is the most compelling comparison available.
Target long-tenure homeowners (15+ years) with equity analysis campaigns. According to Monroe tax records, 35% of homeowners have owned 15+ years — these high-equity, life-stage-transitioning households generate the majority of listing opportunities.
Create horse property marketing for the 3-5 acre premium segment. According to transaction data, the 16% premium segment ($700,000+) includes equestrian properties that attract buyers from a wider radius — niche expertise that volume agents don't develop.
Leverage Monroe's declining mill rate trend in buyer marketing. The 34.12 to 32.86 reduction over two years signals improving fiscal health — a forward-looking message that resonates with financially sophisticated buyers.
Monitor Masuk High School zone boundaries for premium pricing opportunities. Homes within the Masuk walkability zone sell 15% faster — zone-specific marketing highlights this advantage.
Develop new construction advisory services for teardown-rebuild opportunities. Monroe's 1-acre minimums and mature housing stock create teardown-rebuild economics similar to more expensive Fairfield County communities at lower land cost.
Track seasonal patterns — concentrate listing acquisition January-March for the April-July peak. According to SmartMLS data, 48% of Monroe transactions close April-August, requiring early-year listing preparation.
Frequently Asked Questions
What is the median home price in Monroe CT?
According to SmartMLS data, Monroe's median home price is approximately $475,000, with 6.2% year-over-year appreciation driven by sustained family demand for the town's top-ranked schools and 1+ acre lots.
How does Monroe compare to Trumbull CT?
According to SmartMLS data, Monroe's $475,000 median is $40,000 below Trumbull ($515,000), with equivalent school ratings (both A-/8/10) and lower property taxes ($15,609 vs. $17,762) — making Monroe the stronger value for school-motivated families.
What are property taxes in Monroe CT?
According to the Monroe Tax Assessor, the 32.86 mill rate produces approximately $15,609 in annual taxes on a median-priced home — the lowest in the Trumbull-Shelton-Monroe corridor with declining trend.
How many homes sell in Monroe CT annually?
According to SmartMLS data, Monroe averages 200-220 residential transactions per year, with the $400,000-$600,000 segment driving 58% of all closings.
Are Monroe CT schools good?
According to GreatSchools and Niche ratings, Monroe's schools earn 8/10 and A- grades respectively — matching Trumbull and ranking in Connecticut's top 15%, with particularly strong performance at Masuk High School.
Is Monroe CT affordable for families?
According to affordability analysis, Monroe's $475,000 median requires approximately $130,000 household income with 20% down — accessible to dual-income professional families from the Route 8/I-95 corridor.
What neighborhoods are best in Monroe CT?
According to SmartMLS data, Stepney ($525,000) and Great Hollow ($545,000) command premiums for school proximity and lot size, while Monroe Center ($458,000) offers the best volume and value combination.
How competitive is Monroe for real estate agents?
According to production data, only 18 agents close 4+ transactions annually in Monroe — a 16% productive rate that is among the lowest in Fairfield County, creating significant opportunity for farming-focused agents.
How far is Monroe from New York City?
According to commuter data, Monroe is approximately 65 miles from Midtown Manhattan with access to Bridgeport and Stratford Metro-North stations (20-25 minute drive) providing 75-90 minute train commutes.
What is the best farming strategy for Monroe CT?
According to market analysis, the optimal strategy targets the $400,000-$600,000 core segment with school-quality messaging, builds cross-town buyer pipelines from Shelton and Seymour, and uses US Tech Automations equity monitoring for long-tenure listing acquisition.
Conclusion: Monroe's Family Value Farming Opportunity
Monroe delivers a compelling farming proposition: top-15% schools, 1+ acre lots, and $475,000 median prices create a value equation that no comparable Fairfield County town matches. The 200-220 annual transactions with only 18 productive agents (4+/year) mean a systematic farming agent can achieve top-10 market position within 2-3 years — a faster path to market authority than nearly any Fairfield County alternative.
The commission economics support the investment: 10 annual transactions at $12,113 median commission generate $121,130 in GCI from a single farming zone with modest monthly marketing spend ($1,200 at the growth tier). The school-driven demand floor ensures consistent production regardless of broader economic conditions.
US Tech Automations provides the school-district buyer targeting, long-tenure equity monitoring, and commission optimization dashboards that Monroe's family-driven market demands. Start farming Monroe's exceptional value opportunity today.
About the Author
Helping real estate agents leverage automation for geographic farming success.
