$8,489 Closing Credit*
$714,900
1,987 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Reliable Realty Group
Is Monroe, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Monroe has remained a Seller's Market.
Key Takeaway
Monroe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monroe, NY
How much do homes in Monroe, NY cost?
Median Sold Price
$500,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,250(+1.3%)
Key Takeaway
Homes in Monroe have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Monroe was $500,000 in November 2024, up 1.3% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197K | $177K | -10.2% |
| 2 Bedrooms | $260K | $304.5K | +17.1% |
| 3 Bedrooms | $447K | $432.5K | -3.2% |
| 4 Bedrooms | $628K | $630K | 0.3% |
| 5+ Bedrooms | $660K | $695K | +5.3% |
Summary: Monroe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.2%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Monroe | $493.7K | $500K | +1.3% |
| Harriman | $255K | $250K | -2.0% |
Housing Supply in Monroe, NY
How many homes are available in Monroe, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 169 | 146 | -13.6% |
Summary: The Monroe real estate market had 146 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 5 | -37.5% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 66 | 53 | -19.7% |
| 4 Bedrooms | 58 | 50 | -13.8% |
| 5+ Bedrooms | 20 | 24 | +20.0% |
Summary: The Monroe housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Monroe in November 2024, down by 12.5% month-over-month. Of the 28 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Monroe, NY
How long does it take to sell a home in Monroe, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 59 Days | +34.6% |
Summary: Homes in Monroe had an average of 59 days on market in Nov 2024, up by 34.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monroe has remained consistent over time.
Summary: During November 2024, 28 homes were sold in Monroe; 36% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Disclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.