$4,738 Closing Credit*
$399,000
1,684 SqFt
3 Beds
•2 Full Baths
Zachary Eastham, Listing Office: The Holden Agency
Is Monroe County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Monroe County was a Buyer's Market.
Key Takeaway
Monroe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monroe County, OH
How much do homes in Monroe County, OH cost?
Median Sold Price
$154,750
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,250(+27.4%)
Key Takeaway
Homes in Monroe County have sold for 27.4% more than they did a year ago.
Summary: The median home sold price in Monroe County was $154,750 in November 2024, up 27.4% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $44.9K | -50.1% |
| 2 Bedrooms | $60K | $121.2K | +102.1% |
| 3 Bedrooms | $100K | $154.5K | +54.5% |
| 4 Bedrooms | $171K | $238K | +39.2% |
| 5+ Bedrooms | $135K | $145K | +7.4% |
Summary: Monroe County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.1%, 2 bedroom homes increased by 102.1%, 3 bedroom homes increased by 54.5%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Counties
| Monroe County | $121.5K | $154.7K | +27.4% |
| Noble County | $144.2K | $155K | +7.5% |
Housing Supply in Monroe County, OH
How many homes are available in Monroe County, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 46 | +2.2% |
Summary: The Monroe County real estate market had 46 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Monroe County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Monroe County in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Monroe County, OH
How long does it take to sell a home in Monroe County, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 92 Days | +19.8% |
Summary: Homes in Monroe County had an average of 92 days on market in Nov 2024, up by 19.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monroe County has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Monroe County; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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