$5,938 Closing Credit*
$500,000
2,742 SqFt
5 Beds
•3 Full Baths, 1 Partial
Reva Owens, Listing Office: Coldwell Banker Heritage
Is Monroe, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, OH
How much do homes in Monroe, OH cost?
Median Sold Price
$340,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,000(-3.1%)
Key Takeaway
Homes in Monroe have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Monroe was $340,000 in October 2024, down 3.1% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $250K | +42.9% |
| 3 Bedrooms | $290K | $315K | +8.6% |
| 4 Bedrooms | $400.5K | $380K | -5.1% |
| 5+ Bedrooms | $571.9K | $565K | -1.2% |
Summary: Monroe 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 42.9%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
| Turtlecreek Township | $432.5K | $480K | +11.0% |
| Liberty Township | $432.5K | $464K | +7.3% |
| Middletown | $189.7K | $199.9K | +5.4% |
| Lemon Township | $332.5K | $330K | -0.8% |
| Monroe | $351K | $340K | -3.1% |
Housing Supply in Monroe, OH
How many homes are available in Monroe, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Monroe real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Monroe 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 increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Monroe in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Monroe, OH
We’re sorry, we don't have information for this market at the moment
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