$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 Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Monroe Township was a Seller's Market.
Key Takeaway
Monroe Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Monroe Township, OH
How much do homes in Monroe Township, OH cost?
Median Sold Price
$338,750
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,750(+7.5%)
Key Takeaway
Homes in Monroe Township have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Monroe Township was $338,750 in October 2024, up 7.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108.2K | - | N/A |
| 2 Bedrooms | $172K | $235K | +36.6% |
| 3 Bedrooms | $270K | $310K | +14.8% |
| 4 Bedrooms | $415.4K | $375K | -9.7% |
| 5+ Bedrooms | $419.9K | $550K | +31.0% |
Summary: Monroe Township 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 36.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 31%.
Median Sold Price Compared To Nearby Cities
| Conneaut | $121.7K | $140K | +15.0% |
| Monroe Township | $315K | $338.7K | +7.5% |
| Beaver Township | $279.9K | $284.4K | +1.6% |
Housing Supply in Monroe Township, OH
How many homes are available in Monroe Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Monroe Township real estate market had 22 homes for sale in October 2024, a 15.8% 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 | 3 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Monroe Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Monroe Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Monroe Township, OH
We’re sorry, we don't have information for this market at the moment
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