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Cities with the most expensive homes in the Monroe, Michigan metro area

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FOTOGRIN // Shutterstock
FOTOGRIN // Shutterstock

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Monroe, Michigan metro area using data from . Charts show the monthly typical home value since January 2018. All 14 cities and towns with data available were included in the list.

You may also like: Are home prices going down in Monroe, Michigan in 2026?

#14. Luna Pier, MI

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#14. Luna Pier, MI

- Typical home value: $195,727
- 1-year price change: +10.6%
- 5-year price change: +42.4%

#13. Newport, MI

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#13. Newport, MI

- Typical home value: $205,523
- 1-year price change: +1.5%
- 5-year price change: +5.7%

#12. Monroe, MI

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#12. Monroe, MI

- Typical home value: $223,301
- 1-year price change: +5.8%
- 5-year price change: +26.7%

#11. Estral Beach, MI

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#11. Estral Beach, MI

- Typical home value: $256,415
- 1-year price change: +6.4%
- 5-year price change: +33.7%

#9. Maybee, MI

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#9. Maybee, MI

- Typical home value: $297,954
- 1-year price change: +8.6%
- 5-year price change: +27.5%

#8. Dundee, MI

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#8. Dundee, MI

- Typical home value: $299,889
- 1-year price change: +5.1%
- 5-year price change: +23.3%

#7. Temperance, MI

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#7. Temperance, MI

- Typical home value: $302,395
- 1-year price change: +6.7%
- 5-year price change: +28.0%

#6. Lambertville, MI

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#6. Lambertville, MI

- Typical home value: $314,006
- 1-year price change: +5.6%
- 5-year price change: +27.5%

#4. South Rockwood, MI

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#4. South Rockwood, MI

- Typical home value: $322,337
- 1-year price change: +9.2%
- 5-year price change: +37.0%

#3. Ida, MI

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#3. Ida, MI

- Typical home value: $324,509
- 1-year price change: +6.1%
- 5-year price change: +29.0%

#2. Ottawa Lake, MI

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#2. Ottawa Lake, MI

- Typical home value: $337,305
- 1-year price change: +7.2%
- 5-year price change: +33.0%

#1. Carleton, MI

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#1. Carleton, MI

- Typical home value: $339,344
- 1-year price change: +7.6%
- 5-year price change: +28.0%

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