Housing Prices in Monroe Township, IL

How much do homes in Monroe Township, IL cost?

Median List Price

$217,500

$132/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$12,500(-5.4%)

Key Takeaway

The list price of homes in Monroe Township has decreased by 5.4% since last year.

Summary: The median home list price in Monroe Township was $217,500 in November 2024, down 5.4% from the previous year, and the median price per square foot was $132.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $237.5K$200K
-15.8%
3 $197.4K$215K
+8.9%
4 $279.4K$199K
-28.8%
5+ $2.1M$575K
-73.8%

Summary: Monroe Township 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 15.8%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 28.8%, and 5+ bedroom homes decreased by 73.8%.

Median List Price Compared To Nearby Cities

Scott Township
+10.4%
Monroe Township
-5.4%
Monroe Center
-22.0%

Housing Supply in Monroe Township, IL

How many homes are available in Monroe Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24+100.0%

Summary: The Monroe Township real estate market had 4 homes for sale in November 2024, a 100.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

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

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

Days on Market for Monroe Township, IL

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

Average Listing Age

Nov 2023Nov 2024CHANGE
82 Days30 Days-63.4%

Summary: Homes in Monroe Township had an average listing age of 30 days in Nov 2024, down by 63.4% 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 Township, IL

Nearby Markets to Monroe Township, IL

What housing markets are near Monroe Township, IL?