ZIP Code Market Report
04951 — Monroe, ME
Data through February 2026 · Updated monthly
Avg Home Value
$266,331
▼ 3.0% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$264,972
Condo / Co-op
--
The average home value in the 04951 ZIP code (Monroe, MAINE) is $266,331 as of February 2026. Home prices are declining, down 3.0% compared to last year.
This report is part of the Waldo County market area in MAINE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Waldo County report.
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Market Snapshot
04951 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $271,853 | $268,320 | $266,331 | ▼ 2.0% |
| Single Family Value | $266,219 | $265,508 | $264,972 | ▼ 0.5% |
Home Values
04951 Home Value Trend
Historical home values for ZIP code 04951. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 04951
How different property types compare in this ZIP code.
All Homes
$266,331
Single Family
$264,972
Top Tier
$381,394
Data Sources and Methodology
Home value data for ZIP code 04951 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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