508 E  Franklin St, Monroe, NC 28112
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Property image
OFF MARKET

508 E Franklin St
Monroe, NC 28112

  • 4 Beds
  • 2.5 Baths
  • 1,738 sqft

$334,200

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $1,926/mo*

$334,200

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $1,926/mo*
4 Beds
2.5 Baths
1,738 sqft

Home Value

Trulia Estimate
$334K
Since last month
Decreased$4K (-1.2%)
Since last year
Decreased$6K (-1.8%)
Since last sale
Increased$74K (+28.4%)
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 +235% in the last 10 years
MonthEstimated value
2026
August 2026$335K
July 2026$335K
June 2026$339K
May 2026$342K
April 2026$340K
March 2026$339K
February 2026$334K
January 2026$330K
2025
2024
2023
2022
2021
2017
2016

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
0.08
Single-Family Home
$299,000
06/05/26
3
2
1,376
0.27
Single-Family Home
$219,000
08/20/25
4
2.5
2,100
0.21
Single-Family Home
$310,000
12/22/25
3
2
1,651
0.14
Single-Family Home
$151,500
10/13/25
4
3
2,330
0.32
Single-Family Home
$315,000
08/29/25
3
2
1,380
0.47
Single-Family Home
$264,800
03/13/26
4
2
2,287
0.37
Single-Family Home
$270,000
03/06/26
3
2
1,167
0.33
Single-Family Home
$360,000
04/10/26
3
2
2,262
0.43
Single-Family Home
$355,000
05/18/26
4
3.5
1,779
0.54
Single-Family Home
$320,000
11/25/25
4
2
1,720

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
0.08
$299,000
3
2
1,376
Recently Sold
0.08
$295,700
3
2
1,614
Off Market
0.11
$315,800
3
2
1,463
Off Market
0.12
$273,000
4
2
2,170
Off Market
0.13
$239,000
3
2
1,974
For Sale
0.15
$318,000
4
2
1,500
Off Market
0.14
$258,300
3
2
1,052
Off Market
0.15
$275,300
3
2
1,024
Off Market
0.16
$449,400
6
4
2,780
Off Market
0.18
$290,100
3
1
1,176
Off Market
0.20
$107,900
-
-
-
For Sale
0.20
$232,600
2
1
1,152
Off Market

Local Information

  • Map ViewExplore the area around 508 E Franklin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
1,738 sqft
Price/Sqft
$192

About this House

Located at E. Franklin St. and Morgan Mill Rd., This 4 bedroom home has plenty of space for your family!

This won't last long!!
508 E Franklin St, Monroe, NC 28112 is a 4 bedroom, 3 bathroom, 1,738 sqft single-family home. It last sold for $261,000 on Jun 1, 2021 (14,440% above the $1,795 asking price). More recently, it was listed as a rental in March 2025 with an asking price of $1,795 per month. That rental listing was removed on April 2, 2025. It is currently off market. The Trulia Estimate is $334,200, with a rent estimate of $2,108/month.

Home Details for 508 E Franklin St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Price and Tax history

DateEventPrice
Apr 2, 2025
Source: Zillow Rentals
ListingRemoved
$1,795
Mar 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,795
Oct 27, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Oct 22, 2021
Source: Zillow Rental Network Premium
PriceChange
$1,795
Price decreased by 3%
Sep 30, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$1,850

Market trends in Monroe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$368K
$8.05K
MoM
Sale-to-List Price
98.8%
Price per sq ft
$213
$2
MoM
Available listings
290
3
MoM
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Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Monroe

At least 234 Trulia users voted on each feature.
  • 83 % Say car is needed

  • 83 % Say parking is easy

  • 77 % Say yards are well-kept

  • 68 % Say there's holiday spirit

  • 64 % Say kids play outside

  • 64 % Say it's dog friendly

  • 56 % Say it's quiet

  • 49 % Say streets are well-lit

  • 48 % Say they plan to stay for at least 5 years

  • 45 % Say there are sidewalks

  • 45 % Say people would walk alone at night

  • 43 % Say neighbors are friendly

  • 38 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 26 % Say it's walkable to restaurants

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kate Earp
    "Quick and easy to get to everywhere that I need to go. Traffic has definitely picked up over the past few years "
  • Antoine Moore
    "Don’t know yet, people seem friendly. Will update with important information should I find out. It has a close park but not walkable."
  • Workingmichael101
    "Yes, I see many people walking theirs! Usually women. It’s Very safe here. Very family oriented and no thru traffic whatsoever. We even leave the doors unlocked if gone for a dhort period. "
  • Kadeshia M.
    "Neighborhoods have sidewalks, everyone here is dog friendly for the most part, and dog owners pick up after their dogs on walks. "
  • Nachet D.
    "The YMCA is always hosting events for the youth in this neighborhood... the YMCA also has an after school and summer program"
  • Paul L.
    "great friendly neighborhood great neighbors safe and quiet. well maintained yards and people help each other "
  • Jessica D.
    "I love this neighborhood but the houses here are made with pretty cheap material I wish I could live here"
  • Marcelino W.
    "I lived in this area before for a few years and I absolutely loved it. The people are friendly and it is a good place to raise a family. "
  • Meg
    "The people are sociable and family oriented. Its a safe neighborhood. I moved here and I wouldn't have chosen anywhere else"
  • Mary W
    "Neighbors look out for each other. Children can play all day without worry or incident. Very calm and family oriented neighborhood. "
  • Michael A.
    "We've lived here for 19 years. Very nice, quiet, close to shopping. Neighbors are good, all different cultures and ages. "
  • Shelby B.
    "That our children are safe and that there are safe places where they can go to the neighborhood enjoy themselves."
  • Natalia P.
    "It’s easy to get into Charlotte and the surrounding areas from Monroe. We are close to 485 so highway access is easy. "
  • Jagabry03
    "my neighborhood does not have access to public transportation. I have older neighbors that are pretty nice and great citizens. I feel safe in my neighborhood and think we look out for one another, if out of town."
  • Morganhollow
    "20 min to New Town. Leave at 5am. Roads are free of traffic delays. Back home at 9:30. Leave again ar 1:00."
  • Tedwards52
    "It’s quieter than most neighborhoods, and there’s a wide variety of people here including children, the elderly, and wonderful people from the LGBTQ+ community. Everyone is friendly!"
  • Angelek H.
    "There is nothing unique about my neighborhood. it looks the same as all the new neighborhoods that are being built."
  • Kendramrtn
    "Awesome family neighborhood we have been a part of for five years! Cannot stand the thought of leaving. Very safe!"

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Homes for sale near 508 E Franklin St

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Off Market Homes Near 508 E Franklin St

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Frequently asked questions about 508 E Franklin St

  • What is 508 E Franklin St estimated to be worth?
    Trulia's estimated value for 508 E Franklin St in Monroe, NC is $334,200.
  • What is the price history for 508 E Franklin St?
    508 E Franklin St in Monroe, NC last sold for $261,000 in June 2021.
  • Is Monroe a buyer's or seller's market?
    Monroe is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Monroe?
    The median sale price in Monroe is $368K. That is up $8.05K from the prior month.