Housing Prices in Monroe, IL

How much do homes in Monroe, IL cost?

Median List Price

$189,450

$97/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

+$10,450(+5.8%)

Key Takeaway

The list price of homes in Monroe has increased by 5.8% since October.

Summary: The median home list price in Monroe was $189,450 in November 2024, up 5.8% from the previous month, and the median price per square foot was $97.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $199.9K$199.9K
0.0%
2 $275K$275K
0.0%
3 $143K$179K
+25.2%
4 $135K$135K
0.0%
5+ --
N/A

Summary: Monroe housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Monroe
+5.8%
Eagle Creek Township
0.0%
Herod
0.0%

Housing Supply in Monroe, IL

How many homes are available in Monroe, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The Monroe real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 23
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Monroe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Monroe, IL

How long does it take to sell a home in Monroe, IL?

Average Listing Age

Oct 2024Nov 2024CHANGE
230 Days221 Days-3.6%

Summary: Homes in Monroe had an average listing age of 221 days in Nov 2024, down by 3.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Monroe, IL

Nearby Markets to Monroe, IL