5508 Central Dr, Monroe, MI 48161
OFF MARKET

5508 Central Dr
Monroe, MI 48161

South Monroe
  • 3 Beds
  • 1 Bath
  • 1,250 sqft (on 0.72 acres)

$176,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,142/mo*

$176,400

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,142/mo*
3 Beds
1 Bath
1,250 sqft
(on 0.72 acres)

Home Value

Trulia Estimate
$176K
Since last month
Decreased$2K (-1.2%)
Since last year
Increased$19K (+11.9%)
Since last sale
Increased$106K (+151.4%)
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 +50% in the last 10 years
MonthEstimated value
2026
August 2026$176K
July 2026$178K
June 2026$177K
May 2026$177K
April 2026$169K
March 2026$168K
February 2026$162K
January 2026$162K
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
0.07
Single-Family Home
$229,900
10/03/25
3
1
1,186
0.20
Single-Family Home
$237,000
08/27/25
3
2
1,702
0.25
Single-Family Home
$260,000
12/22/25
3
1.5
1,500
0.56
Single-Family Home
$35,751
06/25/26
3
1
943
0.70
Single-Family Home
$160,000
06/12/26
3
1
1,275
0.70
Single-Family Home
$70,000
09/29/25
2
1
943
0.75
Single-Family Home
$167,000
08/10/26
3
1
1,216
0.70
Single-Family Home
$190,000
11/21/25
3
1
1,848
0.70
Single-Family Home
$190,000
12/08/25
3
1
1,848
0.29
Single-Family Home
$225,000
10/08/25
3
3
2,160

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
$185,000
3
1
977
Off Market
0.07
$243,800
3
1
1,186
Off Market
0.11
$111,900
1
1
500
Off Market
0.14
$175,300
2
1
831
Off Market
0.16
$235,200
3
1
1,635
Off Market
0.16
$422,800
3
2.5
2,350
Off Market
0.23
$219,100
2
2
1,680
Off Market
0.32
$296,200
2
2
2,311
Off Market
0.48
$389,000
3
2.5
2,454
Off Market
0.52
$179,000
3
1.5
939
Off Market
0.50
$175,000
3
1.5
1,560
Recently Sold
0.51
$403,900
4
2.5
2,800
Off Market

Local Information

  • Map ViewExplore the area around 5508 Central Dr.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1954
Lot Size
0.72 acres
Living Area
1,250 sqft
Price/Sqft
$141

About this House

This single-family home is located at 5508 Central Dr, Monroe, MI. 5508 Central Dr is in the South Monroe neighborhood in Monroe, MI and in ZIP code 48161. This property has 3 bedrooms, 1 bathroom and approximately 1,250 sqft of floor space. This property has a lot size of 0.72 acres and was built in 1954.
5508 Central Dr, Monroe, MI 48161 is a 3 bedroom, 1 bathroom, 1,250 sqft single-family home in South Monroe, built in 1954. It last sold for $70,000 on Sep 6, 2001. It is currently off market. The Trulia Estimate is $176,400, with a rent estimate of $1,520/month.

Home Details for 5508 Central Dr

Interior Features

Interior Details
BasementAdditional StorageNumber of Rooms: 8Types of Rooms: Dining Room, Family Room, Master BathStorageCeiling Fan
Heating & Cooling
Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDryerRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Vinyl, MetalLawnPorch
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 0.72 acres

Price and Tax history

DateEventPrice
Sep 6, 2001
Source: N/A
Sold
$70,000
Jun 2, 2000
Source: N/A
Sold
$70,000

Market trends in Monroe

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$223K
$3.85K
MoM
Sale-to-List Price
99.8%
0.2%
MoM
Price per sq ft
$156
$2
MoM
Available listings
141
9
MoM

Around this home

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Trulia User
    "Quiet, clean, friendly neighborhood. People respect one another and care about their neighbors. I really like it here. I hope others will too."
  • Joshd76ortiz
    "Great town to raise a family! Have all the resources , utilities, restaurants, shopping centers! Great public schools and private. Just a great place to live!"

LGBTQ Local Legal Protections

Frequently asked questions about 5508 Central Dr

  • What is 5508 Central Dr estimated to be worth?
    Trulia's estimated value for 5508 Central Dr in Monroe, MI is $176,400.
  • What is the price history for 5508 Central Dr?
    5508 Central Dr in Monroe, MI last sold for $70,000 in September 2001.
  • 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.
  • Does 5508 Central Dr have air conditioning?
    Yes, 5508 Central Dr in Monroe, MI has air conditioning.
  • Does 5508 Central Dr have laundry facilities?
    Yes, 5508 Central Dr in Monroe, MI has in-unit laundry.

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