Housing Prices in Monroe Center, IL

How much do homes in Monroe Center, IL cost?

Median List Price

$195,000

$128/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$54,900(-22.0%)

Key Takeaway

The list price of homes in Monroe Center has decreased by 22% since last year.

Summary: The median home list price in Monroe Center was $195,000 in November 2024, down 22% from the previous year, and the median price per square foot was $128.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $237.5K$236.9K
-0.2%
3 $207.4K$184.9K
-10.9%
4 $279.4K$199K
-28.8%
5+ $2.1M$625K
-71.5%

Summary: Monroe Center housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 28.8%, and 5+ bedroom homes decreased by 71.5%.

Median List Price Compared To Nearby Cities

Monroe Township
-5.4%
Monroe Center
-22.0%

Housing Supply in Monroe Center, IL

How many homes are available in Monroe Center, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14+300.0%

Summary: The Monroe Center real estate market had 4 homes for sale in November 2024, a 300.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 01
+100.0%
4 11
0.0%
5+ 01
+100.0%

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

Days on Market for Monroe Center, IL

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

Average Listing Age

Nov 2023Nov 2024CHANGE
53 Days30 Days-43.8%

Summary: Homes in Monroe Center had an average listing age of 30 days in Nov 2024, down by 43.8% 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