Monroe, GA, Real Estate

Monroe, Georgia, is a charming small city located in Walton County, approximately 45 miles east of Atlanta. It serves as the county seat and has a population of around 14,000 residents, though it continues to grow steadily due to its proximity to the Atlanta metropolitan area. Known for its historic downtown district, Monroe boasts well-preserved 19th-century architecture, including the Walton County Courthouse, built in 1884, which stands as a centerpiece of the city’s heritage. The local economy blends agriculture—historically rooted in cotton and now diversified with poultry and cattle—with emerging small businesses and retail, fueled by its location along U.S. Highway 78 and Georgia State Route 11. Monroe also hosts the annual "Monroe Day" festival, celebrating its community spirit with live music, local vendors, and family-friendly activities, reflecting its tight-knit, Southern identity.

Monroe currently has 260 single family homes for sale with an average list price of $551,883.97, 21 townhouses for sale with an average list price of $188,985.71, 1 condo for sale with a list price of $269,900, and 30 lots for sale with an average list price of $683,323.33. The average annual property tax for Monroe is $2,293.68.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Monroe, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Alcovy Bluffs

Alcovy Bluffs is a single-family home community in Monroe, Georgia, built between 2001 and 2025. It currently has 7 single family homes for sale with an average list price of $500,757.14. The average annual property tax for Alcovy Bluffs is $3,329.04. It is located in Walton county. Alcovy Bluffs is located west of Double Springs Road off of Alcovy Bluff Drive. ... Read more
Median Price: $525,000
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Alcovy Estates

Alcovy Estates is a single-family home community in Monroe, Georgia, built between 2023 and 2024. It currently has no homes for sale. The average annual property tax for Alcovy Estates is $397.27. It is located in Walton county. ... Read more
Median Price: $428,735
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Alcovy Lakes

Alcovy Lakes is a single-family home community in Monroe, Georgia, built between 2006 and 2023. It currently has 2 single family homes for sale with an average list price of $944,500 and 1 lot for sale with a list price of $279,000. The homes range in size from 2,800 ft2 to 6,998 ft2. The average annual property tax for Alcovy Lakes is $3,136.43. It is located in Walton county. Alcovy Lakes is located north and west of Alcovy Mountain Road. ... Read more
Median Price: $627,500
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Alcovy Landing

Alcovy Landing is a single-family home community in Monroe, Georgia, built between 1991 and 2019. It currently has no homes for sale. The homes range in size from 2,545 ft2 to 2,962 ft2. The average annual property tax for Alcovy Landing is $3,110.50. It is located in Walton county. ... Read more
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Alcovy River Landing

Alcovy River Landing is a single-family home community in Monroe, Georgia, built between 2001 and 2003. It currently has 1 single family home for sale with a list price of $355,000. The homes range in size from 1,536 ft2 to 1,986 ft2. The average annual property tax for Alcovy River Landing is $2,021.75. It is located in Walton county. Alcovy River landing is located east of Troy Smith Road off of Landing Way. ... Read more
Median Price: $339,450
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Market Trends

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Nearby Golf Courses

Monroe Golf & Country Club

1212 Alcovy Street, Monroe, GA 30655
Par 72 • 72 holes • 6400 yards

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Real Estate News

Homes Just Sold in Monroe: May 6th to May 12th

Homes Just Sold in Monroe: May 6th to May 12th - May 13, 2025

Monroe had 3 sales during the week of Tuesday, May 6 to Monday, May 12, including including 2 single family homes for sale with an average list price of $380,999.50 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Monroe: May 3rd to May 9th

New Homes with Master Bedrooms on the 1st Floor in Monroe: May 3rd to May 9th - May 10, 2025

Monroe had 11 new homes for sale with a master bedroom on the first floor during the month of Saturday, May 3 to Friday, May 9, including 11 single ... continue reading
New Homes For Sale This Week in Monroe: May 2nd to May 8th

New Homes For Sale This Week in Monroe: May 2nd to May 8th - May 9, 2025

Monroe had 16 new homes for sale during the week of Friday, May 2 to Thursday, May 8, including including 15 single family homes for sale with an average list ... continue reading
New Construction Homes For Sale This Week in Monroe: April 30th to May 6th

New Construction Homes For Sale This Week in Monroe: April 30th to May 6th - May 7, 2025

Monroe had 5 new construction homes during the week of Wednesday, April 30 to Tuesday, May 6, including 5 single family homes for sale with an average list price of ... continue reading
Homes Just Sold in Monroe: April 29th to May 5th

Homes Just Sold in Monroe: April 29th to May 5th - May 6, 2025

Monroe had 6 sales during the week of Tuesday, April 29 to Monday, May 5, including including 6 single family homes for sale with an average list price of $549,358.67. $499,999 2346 ... continue reading
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