$9,844 Closing Credit*
$829,000
3,980 SqFt
4 Beds
•4 Full Baths, 1 Partial
Connie R. Ham, Listing Office: Connie R. Ham Middle Ga Realty
Is Monroe County, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Monroe County was a Seller's Market.
Key Takeaway
Monroe County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Monroe County, GA
How much do homes in Monroe County, GA cost?
Median Sold Price
$345,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,450(-1.3%)
Key Takeaway
Homes in Monroe County have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Monroe County was $345,000 in October 2024, down 1.3% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $170.2K | $231.2K | +35.8% |
| 3 Bedrooms | $252K | $256.2K | +1.7% |
| 4 Bedrooms | $364.9K | $377.4K | +3.4% |
| 5+ Bedrooms | $472.5K | $464.6K | -1.7% |
Summary: Monroe County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Counties
| Jasper County | $280K | $316.9K | +13.2% |
| Lamar County | $240.9K | $264.9K | +10.0% |
| Butts County | $275K | $285.5K | +3.8% |
| Jones County | $268K | $272.9K | +1.8% |
| Monroe County | $349.4K | $345K | -1.3% |
Housing Supply in Monroe County, GA
How many homes are available in Monroe County, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 99 | +16.5% |
Summary: The Monroe County real estate market had 99 homes for sale in October 2024, a 16.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 16 | 27 | +68.8% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 34 | 33 | -2.9% |
Summary: The Monroe County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 68.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Monroe County in October 2024, up by 66.7% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Monroe County, GA
How long does it take to sell a home in Monroe County, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 63 Days | -2.4% |
Summary: Homes in Monroe County had an average of 63 days on market in Oct 2024, down by 2.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroe County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Monroe County; 53% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.