$333,000 $296/sqft
501 Colony Road
Monroe, NC 28112
4 bd · 2 ba · 1,125 sqft · 1972 · 9 mo ago
Franklin Colony feels like one of Monroe’s classic in-town pockets: modest in scale, established in character, and easy to live with day to day.
Listing summary: 1 Active1 Pending15 Recently Sold
$333,000 $296/sqft
Monroe, NC 28112
4 bd · 2 ba · 1,125 sqft · 1972 · 9 mo ago
$237,000 $246/sqft
Monroe, NC 28112
3 bd · 1 ba · 962 sqft · 1973 · 28 d ago
$135,000 $137/sqft
Monroe, NC 28110
3 bd · 1 ba · 988 sqft · 1959 · DOM: 14 d
$325,000 $254/sqft
Monroe, NC 28112
3 bd · 2 ba · 1,280 sqft · 1972 · DOM: 46 d
$225,000 $240/sqft
Monroe, NC 28112
3 bd · 1 ba · 938 sqft · 1972 · DOM: 32 d
$239,000 $260/sqft
Monroe, NC 28112
3 bd · 1 ba · 920 sqft · 1973 · DOM: 25 d
$249,900 $205/sqft
Monroe, NC 28112
4 bd · 1 ba · 1,219 sqft · 1972 · DOM: 77 d
$137,000 $148/sqft
Monroe, NC 28112
3 bd · 1 ba · 923 sqft · 1973 · DOM: 36 d
$105,000 $91/sqft
Monroe, NC 28112
4 bd · 1 ba · 1,159 sqft · 1972 · DOM: 28 d
Piedmont region, southeastern North Carolina
Walkability: Medium
$87,900 $95/sqft
Monroe, NC 28112
3 bd · 1 ba · 923 sqft · 1973 · DOM: 27 d
$130,000 $144/sqft
Monroe, NC 28112
3 bd · 1 ba · 900 sqft · 1972 · DOM: 69 d
$72,500 $62/sqft
Monroe, NC 28110
3 bd · 1 ba · 1,174 sqft · 1972 · DOM: 66 d
AI-assisted overview based on MLS listing data for Franklin Colony, Monroe
Franklin Colony feels like one of Monroe’s classic in-town pockets: modest in scale, established in character, and easy to live with day to day. The homes sit on level lots with mature trees, and the streets carry a settled, residential rhythm that reads as practical rather than flashy. Many properties here have been renovated over time, so you’ll often find updated interiors paired with older ranch-era footprints.
"An established Monroe neighborhood where everyday convenience and straightforward home design come together."
The neighborhood is made up primarily of single-family homes built in the early 1970s, with one older home dating to the late 1950s. Ranch styling is the prevailing look, and many homes feature brick exteriors, hardwood floors, and simple one-story layouts that keep the floor plans approachable. Recent updates commonly include new roofs, windows, HVAC systems, flooring, kitchens, and baths, which gives the area a refreshed feel without losing its mid-century character. Lot sizes are generally manageable, and several homes include fenced yards, storage sheds, carports, or covered patio space.
Franklin Colony’s appeal comes from its everyday convenience. Some homes are described as being within walking distance of support services, grocery and convenience stores, and other daily needs, while others note easy access to shopping, restaurants, and the main roads leading out of town. The setting has a comfortable, in-town pace with enough space for outdoor use, whether that means a level backyard, a deck, or a covered carport area. It is the kind of neighborhood where you can settle into a renovated ranch and still be close to the practical destinations that make errands simple.
"Close-in living, updated homes, and a straightforward residential setting define the neighborhood's appeal."
Franklin Colony sits along the Colony Road and Rushing Street area in Monroe, just minutes from downtown Monroe’s historic district and the broader downtown shopping area. Listing remarks also point to access toward shopping on Highway 74, medical services, and major highways out of town, which helps place the community firmly in Monroe’s connected in-town corridor. School assignments were not specified in the MLS material, so the school picture should be confirmed directly with the district before making plans. Even so, the location is clearly oriented around practical access: downtown, retail, services, and regional routes are all part of the neighborhood’s daily reach.
Talk to a local agent about homes in Franklin Colony, Monroe
Communities similar to Franklin Colony
15 recently sold in Franklin Colony, Monroe
| Property | Sold | List Price | DOM | Size | List $/SF |
|---|---|---|---|---|---|
| | Apr 22 2025 | $135,000 | 14 | 988 sq ft | $137 |
| | Aug 6 2024 | $325,000 | 46 | 1,280 sq ft | $254 |
| | Aug 10 2023 | $225,000 | 32 | 938 sq ft | $240 |
| | May 19 2022 | $239,000 | 25 | 920 sq ft | $260 |
| | Jan 14 2022 | $249,900 | 77 | 1,219 sq ft | $205 |
| | Aug 2 2019 | $137,000 | 36 | 923 sq ft | $148 |
| | May 6 2019 | $105,000 | 28 | 1,159 sq ft | $91 |
| | Dec 13 2018 | $87,900 | 27 | 923 sq ft | $95 |
| | Nov 26 2018 | $130,000 | 69 | 900 sq ft | $144 |
| | Feb 16 2018 | $72,500 | 66 | 1,174 sq ft | $62 |
| | Nov 30 2017 | $110,000 | 41 | 915 sq ft | $120 |
| | May 14 2014 | $40,500 | 41 | 1,117 sq ft | $36 |
| | May 9 2014 | $49,900 | 151 | 958 sq ft | $52 |
| | Jul 31 2013 | $54,900 | 105 | 1,156 sq ft | $47 |
| | Nov 13 2012 | $34,900 | 39 | 1,275 sq ft | $27 |
Aggregated from MLS listing history for Franklin Colony, Monroe
The Franklin Colony real estate market shows balanced market conditions. Homes typically sell within 40 days. With 2 active listings and 0 homes sold in the past year, a healthy balance exists between buyers and sellers.
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