Home Value Trail

States › North Carolina › Union County › Monroe

Permit-issuing place

Monroe

Union County · Charlotte-Concord-Gastonia, NC-SC · North Carolina · 42,644 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Union County index 1977–2025
FHFA house price index for Union County, which contains Monroe, 1977 to 2025Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202002004006008001,00019801990200020102020United States2025: 891
Union County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Union County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

In the 12 months to August 2026, building permits in Monroe, North Carolina, covered 1,090 housing units (+52.4% year on year); the place lies in Union County.

743 of those units were single-family houses (68%), 0 were in two- to four-unit buildings and 347 in buildings of five or more units. That is 25.6 units per 1,000 residents, well above the county's 9.7 and well above the state's 7.8.

Since 1995 the place has authorised 6,555 units, with the busiest year 2024 (1,111 units). Union County's FHFA house price index rose +128.0% over the ten years to 2025.

1,090units permitted, 12 months to August 2026+52.4% on the previous 12 months
743single-family units68% of the total
347units in 5+ unit buildings32% of the total
25.6units per 1,000 residentsUnion County 9.7 · North Carolina 7.8

Permits by month and structure type

Housing units authorised in Monroe by month, latest 24 months0100200300Sep 2024: 202 units (106 single-family, 96 in multi-unit buildings)Sep 2024Oct 2024: 79 units (79 single-family, 0 in multi-unit buildings)Nov 2024: 27 units (27 single-family, 0 in multi-unit buildings)Dec 2024: 52 units (52 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 25 units (25 single-family, 0 in multi-unit buildings)Feb 2025: 24 units (24 single-family, 0 in multi-unit buildings)Mar 2025: 46 units (46 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 52 units (52 single-family, 0 in multi-unit buildings)May 2025: 57 units (57 single-family, 0 in multi-unit buildings)Jun 2025: 50 units (50 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 61 units (61 single-family, 0 in multi-unit buildings)Aug 2025: 40 units (40 single-family, 0 in multi-unit buildings)Sep 2025: 66 units (66 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 69 units (69 single-family, 0 in multi-unit buildings)Nov 2025: 69 units (69 single-family, 0 in multi-unit buildings)Dec 2025: 39 units (39 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 171 units (61 single-family, 110 in multi-unit buildings)Feb 2026: 70 units (70 single-family, 0 in multi-unit buildings)Mar 2026: 222 units (57 single-family, 165 in multi-unit buildings)Mar 2026Apr 2026: 56 units (56 single-family, 0 in multi-unit buildings)May 2026: 64 units (64 single-family, 0 in multi-unit buildings)Jun 2026: 84 units (84 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 56 units (56 single-family, 0 in multi-unit buildings)Aug 2026: 124 units (52 single-family, 72 in multi-unit buildings)

Housing units authorised in Monroe by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026MonroeUnion CountyNorth CarolinaUnited States
All housing units1,0902,60187,8531,418,086
Single-family (1 unit)743 (68%)2,254 (87%)61,266 (70%)888,241 (63%)
2 units001,29234,814
3–4 units0032117,298
5 or more units347 (32%)347 (13%)24,974 (28%)477,733 (34%)
Units per 1,000 residents25.69.77.84.1
Change on previous 12 months+52.4%+9.1%+2.0%−0.1%

Permits by year since 1995

Housing units authorised in Monroe by year, 1995–202505001,0001,5001995: 0 units (0 single-family, 0 in multi-unit buildings)19951996: 0 units (0 single-family, 0 in multi-unit buildings)1997: 0 units (0 single-family, 0 in multi-unit buildings)1998: 0 units (0 single-family, 0 in multi-unit buildings)1999: 0 units (0 single-family, 0 in multi-unit buildings)2000: 0 units (0 single-family, 0 in multi-unit buildings)20002001: 47 units (47 single-family, 0 in multi-unit buildings)2002: 337 units (327 single-family, 10 in multi-unit buildings)2003: 141 units (141 single-family, 0 in multi-unit buildings)2004: 187 units (187 single-family, 0 in multi-unit buildings)2005: 260 units (260 single-family, 0 in multi-unit buildings)20052006: 334 units (334 single-family, 0 in multi-unit buildings)2007: 234 units (234 single-family, 0 in multi-unit buildings)2008: 95 units (95 single-family, 0 in multi-unit buildings)2009: 27 units (27 single-family, 0 in multi-unit buildings)2010: 47 units (47 single-family, 0 in multi-unit buildings)20102011: 49 units (49 single-family, 0 in multi-unit buildings)2012: 51 units (51 single-family, 0 in multi-unit buildings)2013: 106 units (101 single-family, 5 in multi-unit buildings)2014: 83 units (79 single-family, 4 in multi-unit buildings)2015: 152 units (152 single-family, 0 in multi-unit buildings)20152016: 137 units (131 single-family, 6 in multi-unit buildings)2017: 84 units (84 single-family, 0 in multi-unit buildings)2018: 88 units (88 single-family, 0 in multi-unit buildings)2019: 76 units (76 single-family, 0 in multi-unit buildings)2020: 255 units (255 single-family, 0 in multi-unit buildings)20202021: 556 units (496 single-family, 60 in multi-unit buildings)2022: 655 units (650 single-family, 5 in multi-unit buildings)2023: 845 units (845 single-family, 0 in multi-unit buildings)2024: 1,111 units (943 single-family, 168 in multi-unit buildings)2025: 598 units (598 single-family, 0 in multi-unit buildings)2025

Housing units authorised in Monroe by year, 1995–2025single-family2+ unit buildings

6,555 units since 1995; the busiest year was 2024. Annual figures include units imputed for months a place did not report.

Home prices in Union County

FHFA's index for Union County rose +128.0% over the ten years to 2025 (+8.6% a year) and +3.5% in the latest year, against +106.6% and +2.5% for North Carolina. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Monroe, NC?

1,090 housing units were authorised by building permits in the 12 months to August 2026, against 715 in the previous 12 months.

What kind of housing is being permitted in Monroe?

743 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 347 in buildings of five or more units.

How does Monroe compare with its county and state?

25.6 units per 1,000 residents in Monroe, 9.7 in Union County and 7.8 in North Carolina.

How have home prices moved in Union County?

FHFA's index for Union County rose +128.0% over the ten years to 2025 and +3.5% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 389000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.