$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 Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Monroe Township, OH
How much do homes in Monroe Township, OH cost?
Median Sold Price
$340,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-5.6%)
Key Takeaway
Homes in Monroe Township have sold for 5.6% less than they did a year ago.
Summary: The median home sold price in Monroe Township was $340,000 in October 2024, down 5.6% from last year, and the median price per square foot was $158.
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 | $285K | $310K | +8.8% |
| 4 Bedrooms | $415.4K | $389K | -6.4% |
| 5+ Bedrooms | $419.9K | $485K | +15.5% |
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 42.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Batavia Township | $259.7K | $320K | +23.2% |
| Monroe Township | $360K | $340K | -5.6% |
| Tate Township | $220K | $204.9K | -6.8% |
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 |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The Monroe Township real estate market had 18 homes for sale in October 2024, a 28.6% 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 | 5 | 6 | +20.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
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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