5502 Forest Dr
Monroe, MI 48161
South Monroe- 3 Beds
- 1 Bath
- 1,398 sqft (on 0.32 acres)
3 Beds
1 Bath
1,398 sqft
(on 0.32 acres)
Home Value
Trulia Estimate
$220KSince last month
Decreased$1K (-0.5%)Since last year
Increased$3K (+1.2%)Since last sale
Increased$90K (+69.7%)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 +94% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $220K |
| July 2026 | $221K |
| June 2026 | $223K |
| May 2026 | $221K |
| April 2026 | $217K |
| March 2026 | $214K |
| February 2026 | $210K |
| January 2026 | $208K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $229,900 | 10/03/25 | 3 | 1 | 1,186 | |
0.20 | Single-Family Home | $260,000 | 12/22/25 | 3 | 1.5 | 1,500 | |
0.18 | Single-Family Home | $237,000 | 08/27/25 | 3 | 2 | 1,702 | |
0.64 | Single-Family Home | $190,000 | 11/21/25 | 3 | 1 | 1,848 | |
0.64 | Single-Family Home | $190,000 | 12/08/25 | 3 | 1 | 1,848 | |
0.54 | Single-Family Home | $175,000 | 05/26/26 | 3 | 1.5 | 1,560 | |
0.61 | Single-Family Home | $205,000 | 10/24/25 | 3 | 1 | 1,300 | |
0.56 | Single-Family Home | $70,000 | 09/29/25 | 2 | 1 | 943 | |
0.49 | Single-Family Home | $35,751 | 06/25/26 | 3 | 1 | 943 | |
0.70 | Single-Family Home | $236,000 | 12/05/25 | 3 | 1 | 2,176 |
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 |
|---|---|---|---|---|---|---|
0.03 | $235,200 | 3 | 1 | 1,635 | Off Market | |
0.04 | $175,300 | 2 | 1 | 831 | Off Market | |
0.07 | $185,000 | 3 | 1 | 977 | Off Market | |
0.09 | $422,800 | 3 | 2.5 | 2,350 | Off Market | |
0.15 | $219,100 | 2 | 2 | 1,680 | Off Market | |
0.19 | $243,800 | 3 | 1 | 1,186 | Off Market | |
0.23 | $111,900 | 1 | 1 | 500 | Off Market | |
0.27 | $296,200 | 2 | 2 | 2,311 | Off Market | |
0.39 | $179,000 | 3 | 1.5 | 939 | Off Market | |
0.41 | $179,900 | 2 | 1 | 1,022 | For Sale | |
0.47 | $195,600 | 2 | 1 | 962 | Off Market | |
0.50 | - | 3 | 1.5 | 1,170 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1948
Lot Size
0.32 acres
Living Area
1,398 sqft
Price/Sqft
$157
About this House
This single-family home is located at 5502 Forest Dr, Monroe, MI. 5502 Forest Dr is in the South Monroe neighborhood in Monroe, MI and in ZIP code 48161. This property has 3 bedrooms, 1 bathroom and approximately 1,398 sqft of floor space. This property has a lot size of 0.32 acres and was built in 1948.
5502 Forest Dr, Monroe, MI 48161 is a 3 bedroom, 1 bathroom, 1,398 sqft single-family home in South Monroe, built in 1948. It last sold for $129,400 on Nov 21, 2018. It is currently off market. The Trulia Estimate is $219,600, with a rent estimate of $1,537/month.
Home Details for 5502 Forest Dr
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Year Built Year Built: 1948 |
Property Type / Style Property Type: Single Family Home |
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Levels, Entrance, & Accessibility Floors: Carpet, Laminate |
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Exterior Home Features Exterior: Vinyl |
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Units in Building: 1 |
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Lot Area: 0.32 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 21, 2018 Source: MiRealSource #31362623 | Sold | $129,400 |
Oct 16, 2018 Source: Agent Provided | Pending | $129,900 |
Oct 12, 2018 Source: Agent Provided | Listed For Sale | $129,900 |
Dec 9, 2009 Source: MiRealSource #282646 | Sold | $60,000 |
Oct 4, 2009 Source: Agent Provided | PriceChange | $65,000 Price decreased by 19% |
Aug 12, 2009 Source: Agent Provided | Listed For Sale | $79,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,112 | $191,500 |
Home facts updated by county records
Market trends in Monroe
Last updated July 2026
Avg. sale price
$223K
$3.85KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$156
$2MoM
Available listings
141
9MoM
Around this home
What Locals Say about South Monroe
At least 28 Trulia users voted on each feature.
94 % Say car is needed
90 % Say it's dog friendly
88 % Say there's holiday spirit
84 % Say yards are well-kept
76 % Say kids play outside
72 % Say parking is easy
69 % Say there are sidewalks
61 % Say it's walkable to restaurants
55 % Say it's walkable to grocery stores
55 % Say neighbors are friendly
51 % Say people would walk alone at night
47 % Say it's quiet
47 % Say streets are well-lit
45 % Say there's wildlife
41 % Say they plan to stay for at least 5 years
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 5502 Forest Dr
- What is 5502 Forest Dr estimated to be worth?Trulia's estimated value for 5502 Forest Dr in Monroe, MI is $219,600.
- What is the price history for 5502 Forest Dr?5502 Forest Dr in Monroe, MI last sold for $129,400 in November 2018.
- Is Monroe a buyer's or seller's market?Monroe is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Monroe?The median sale price in Monroe is $223K. That is down $3.85K from the prior month.
- How big is the lot at 5502 Forest Dr?The lot at 5502 Forest Dr in Monroe, MI is about 0.32 acres (13,939 sq ft).

