Housing Prices in Monroe Center, IL

How much do homes in Monroe Center, IL cost?

Median List Price

$184,900

$131/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$72,550(-28.2%)

Key Takeaway

The list price of homes in Monroe Center has decreased by 28.2% since last year.

Summary: The median home list price in Monroe Center was $184,900 in October 2024, down 28.2% from the previous year, and the median price per square foot was $131.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $237.5K$304.9K
+28.4%
3 $247.5K$179.9K
-27.3%
4 $249.9K$211K
-15.6%
5+ $2.1M-
N/A

Summary: Monroe Center 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 28.4%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Monroe Township
-7.8%
Monroe Center
-28.2%

Housing Supply in Monroe Center, IL

How many homes are available in Monroe Center, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
110.0%

Summary: The Monroe Center real estate market had 1 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 10
-100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Monroe Center 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Monroe Center, IL

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

Average Listing Age

Oct 2023Oct 2024CHANGE
39 Days25 Days-36.4%

Summary: Homes in Monroe Center had an average listing age of 25 days in Oct 2024, down by 36.4% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Monroe Center, IL

Nearby Markets to Monroe Center, IL