$1,958 Closing Credit*
$164,900
4 Beds
•1 Full Bath, 1 Partial
Cody Wallace, Listing Office: Ferris Property Group
Is Monroe Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Monroe Township has remained a Seller's Market.
Key Takeaway
Monroe Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monroe Township, IN
How much do homes in Monroe Township, IN cost?
Median Sold Price
$195,000
$123/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$2,500(+1.3%)
Key Takeaway
Homes in Monroe Township have sold for 1.3% more than they did a month ago.
Summary: The median home sold price in Monroe Township was $195,000 in November 2024, up 1.3% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $79.5K | $130K | +63.5% |
| 3 Bedrooms | $192.5K | $195K | +1.3% |
| 4 Bedrooms | $300K | $208.5K | -30.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Monroe Township 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 increased by 63.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 30.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monroe Township | $192.5K | $195K | +1.3% |
| Monroe | $230K | $183.7K | -20.1% |
| Berne | $344.9K | $195K | -43.5% |
Housing Supply in Monroe Township, IN
How many homes are available in Monroe Township, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Monroe Township real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
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 decreased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe Township, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Monroe Township in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and 0% were sold over asking.
Days on Market for Monroe Township, IN
How long does it take to sell a home in Monroe Township, IN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroe Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Monroe Township; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.