5508 Central Dr
Monroe, MI 48161
South Monroe- 3 Beds
- 1 Bath
- 1,250 sqft (on 0.72 acres)
3 Beds
1 Bath
1,250 sqft
(on 0.72 acres)
Home Value
Trulia Estimate
$176KSince 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
| Month | Estimated 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
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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
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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 |
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Exterior Home Features Roof: Shake ShingleExterior: Vinyl, MetalLawnPorch |
Parking & Garage Parking: Off Street |
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Year Built Year Built: 1954 |
Property Type / Style Property Type: Single Family HomeArchitecture: Bungalow |
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Units in Building: 1 |
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Lot Area: 0.72 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 6, 2001 Source: N/A | Sold | $70,000 |
Jun 2, 2000 Source: N/A | Sold | $70,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $878 | $122,200 |
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 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.