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 November 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

$336,250

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,250(+6.7%)

Key Takeaway

Homes in Monroe Township have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $336,250 in November 2024, up 6.7% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $175K$250K
+42.9%
3 $265K$303.5K
+14.5%
4 $392K$385K
-1.8%
5+ $409.9K$385K
-6.1%

Summary: Monroe Township housing prices by bedroom type for November 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 14.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Union Township
+17.3%
Franklin Township
+7.8%
Monroe Township
+6.7%
Twin Township
-2.4%

Housing Supply in Monroe Township, OH

How many homes are available in Monroe Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The Monroe Township real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 33
0.0%
4 77
0.0%
5+ 33
0.0%

Summary: The Monroe Township housing inventory by bedroom type for November 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

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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 could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Monroe Township in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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 2 Days Ago

Newest Listings in Monroe Township, OH

Nearby Markets to Monroe Township, OH

What housing markets are near Monroe Township, OH?