The story of this market
The typical home in ZIP 28112 sells for about $431,500, or $213 per square foot.
Prices are up +10.2% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,155 a month.
ZIP 28112 — Monroe
The 28112 housing market is currently balanced, with a median listing price of $431,500 and a pending-to-active ratio of 0.15. While inventory remains limited, the market is seeing steady year-over-year price appreciation. Note that some specific metrics like sale-to-list ratio and tax history were not available at the ZIP level and are omitted.
This ZIP is well-suited for family buyers and commuters who prioritize proximity to the Charlotte metro area while seeking more affordable housing options than the urban core.
Median prices moved up 10.2% year over year.
Homes spend a median of 57 days on market with 6.6 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.0% · poverty 10.9% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 28112, Union County NC
The area is served by Union County Public Schools, which generally maintains a stable reputation within the Charlotte metropolitan region.
Standard regional risk profile for North Carolina, primarily involving seasonal storm and wind exposure; flood risk varies by specific parcel location.
Monroe serves as a regional hub for Union County with ongoing infrastructure expansion and industrial development, often marketed under the 'Where Heartland Meets High Tech' initiative.
Property taxes are levied by Union County and the City of Monroe; rates are determined by annual assessments conducted by the county tax office.
Residents primarily commute via US-74 and the Monroe Expressway, providing access to the Charlotte employment core.
The area features local parks and proximity to regional greenways, with shopping and dining concentrated along the US-74 corridor.
The rental market shows steady demand with a median rent of $2,175; vacancy pressure remains moderate as the area attracts commuters seeking more space.
The local economy is anchored by manufacturing, logistics, and government services, benefiting from its position within the Charlotte metropolitan area.
Transportation is heavily reliant on personal vehicles, with the Monroe Expressway serving as a critical artery for regional connectivity.
Ongoing residential and commercial development continues to expand outward from the Monroe city center.
The Union County Tax Assessor manages property valuations for all parcels within the county.
Parcels are subject to Union County and City of Monroe municipal taxes, with additional school district levies.
Property insurance premiums are influenced by regional weather patterns and standard North Carolina hazard risk assessments.
Data retrieved from ZCTA-level census profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Historic anchor located in the county seat.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).