Is Monroe Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monroe Township is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Monroe Township has remained a Seller's Market.

Key Takeaway

Monroe Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Monroe Township, OH

How much do homes in Monroe Township, OH cost?

Median Sold Price

$350,875

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$8,875(+2.6%)

Key Takeaway

Homes in Monroe Township have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $350,875 in August 2024, up 2.6% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $172K$235K
+36.6%
3 $294.9K$297K
+0.7%
4 $428K$385K
-10.0%
5+ -$419.9K
N/A

Summary: Monroe Township housing prices by bedroom type for August 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 0.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.

Housing Supply in Monroe Township, OH

How many homes are available in Monroe Township, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1815-16.7%

Summary: The Monroe Township real estate market had 15 homes for sale in August 2024, a 16.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 64
-33.3%
4 109
-10.0%
5+ 02
+100.0%

Summary: The Monroe Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monroe Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Monroe Township in August 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Monroe Township, OH

Nearby Markets to Monroe Township, OH