432 E Monroe St, Springfield, IL 62701
OFF MARKET

432 E Monroe St
Springfield, IL 62701

Downtown
  • Studio

$183,100

Trulia Estimate
as of Aug 13, 2026

$183,100

Trulia Estimate
as of Aug 13, 2026
Studio

Home Value

Trulia Estimate
$183K
Since last month
Increased$7K (+3.9%)
Since last year
Increased$17K (+9.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +12% in the last 10 years
MonthEstimated value
2026
August 2026$190K
July 2026$176K
June 2026$182K
May 2026$169K
April 2026$175K
March 2026$171K
February 2026$178K
January 2026$166K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
447 W Cook St, Springfield, IL
0.62
Single-Family Home
$95,000
06/22/26
2
1
1,125
433 W Lawrence Ave, Springfield, IL
0.66
Single-Family Home
$174,500
06/15/26
3
1.5
2,029
450 W Chenery St, Springfield, IL
0.72
Single-Family Home
$175,000
08/11/26
3
1.5
2,813
445 W Canedy St, Springfield, IL
0.72
Single-Family Home
$128,500
05/22/26
3
1
1,435
831 S Henrietta St, Springfield, IL
0.74
Single-Family Home
$115,000
01/15/26
2
1
1,320
434 W Edwards St, Springfield, IL
0.60
Single-Family Home
$115,000
10/09/25
3
2
2,094
503 S New St, Springfield, IL
0.67
Single-Family Home
$43,000
10/06/25
3
2
1,856
121 N Parker Ave, Springfield, IL
0.71
Single-Family Home
$53,000
03/18/26
3
1
923
115 W Allen St, Springfield, IL
0.73
Single-Family Home
$85,000
06/17/26
3
1
1,723
1202 S 4th St, Springfield, IL
0.77
Single-Family Home
$42,000
12/15/25
3
1
1,297

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8 S Old State Capitol Plz #A, Springfield, IL 62701
0.10
$199,000
2
2
1,200
For Sale
226 S 6th St #302, Springfield, IL 62701
0.11
$112,200
1
1
719
Off Market
118 S 4th St, Springfield, IL 62701
0.13
$177,700
2
2
972
Off Market
6600 S 6th St, Springfield, IL 62701
0.18
$88,200
1
1.5
800
Off Market
720 E Edwards St, Springfield, IL 62703
0.31
$367,200
2
2
5,190
Off Market
810 E Edwards St, Springfield, IL 62703
0.35
$70,000
3
2.5
1,732
Recently Sold
614 S 8th St, Springfield, IL 62703
0.36
$125,300
3
2
3,343
Off Market
6 Starnes St, Ringwood, IL 60072
0.36
$63,500
1
1
818
Off Market
230 E Lawrence Ave, Springfield, IL 62704
0.41
$115,000
3
1.5
1,645
For Sale
718 S 7th St #302, Springfield, IL 62703
0.39
$78,900
2
2
1,148
Off Market
718 S 7th St #602, Springfield, IL 62703
0.39
$171,800
3
4
2,314
Off Market
718 S 7th St #703, Springfield, IL 62703
0.39
$54,100
2
1.5
881
Off Market

Local Information

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Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 432 E Monroe St, Springfield, IL. 432 E Monroe St is in the Downtown neighborhood in Springfield, IL and in ZIP code 62701. This property has a lot size of 4067 sqft.
432 E Monroe St, Springfield, IL 62701 is a studio single-family home in Downtown. It is currently off market. The Trulia Estimate is $183,100, with a rent estimate of $1,517/month.

Home Details for 432 E Monroe St

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 4067 sqft

Price and Tax history

YearProperty taxTax assessment
2024
$4,435
$158,403
Home facts updated by county records

Market trends in Springfield

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$20.83KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$116
$4MoM
Available listings
342
34MoM
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Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 9 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 85 % Say there are sidewalks

  • 81 % Say streets are well-lit

  • 78 % Say it's walkable to restaurants

  • 76 % Say parking is easy

  • 69 % Say it's dog friendly

  • 53 % Say there's wildlife

  • 53 % Say there are community events

  • 50 % Say people would walk alone at night

  • 43 % Say there's holiday spirit

  • 42 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 29 % Say it's quiet

  • 23 % Say yards are well-kept

  • 15 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "its not far from my job. but the area isnt fantastic in my personal opinion but i know a lot of people that have lived over there and had no issues"
    11
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

63 pet-friendly rentals in Springfield, IL

Explore by feature - Garage

50 rentals with a garage in Springfield, IL

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Homes for sale near 432 E Monroe St

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Off Market Homes Near 432 E Monroe St

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Frequently asked questions about 432 E Monroe St

  • What is 432 E Monroe St estimated to be worth?
    Trulia's estimated value for 432 E Monroe St in Springfield, IL is $183,100.
  • Is Springfield a buyer's or seller's market?
    Springfield is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Springfield?
    The median sale price in Springfield is $192K. That is up $20.83K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Springfield, IL as pedestrian-friendly, walkable to restaurants, and easy to park in. See recently sold homes in Downtown, Springfield.
  • How big is the lot at 432 E Monroe St?
    The lot at 432 E Monroe St in Springfield, IL is about 0.09 acres (4,067 sq ft).