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 neutral's market

Buyer's
Market

Difference Since November 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

$354,200

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,300(+7.4%)

Key Takeaway

Homes in Monroe Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $354,200 in November 2024, up 7.4% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$444K
N/A
2 $175K$220K
+25.7%
3 $285K$318.2K
+11.7%
4 $386.2K$387K
0.2%
5+ $409.9K$485K
+18.3%

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 25.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 18.3%.

Median Sold Price Compared To Nearby Cities

Howard Township
+18.1%
Mount Vernon
+17.7%
Monroe Township
+7.4%

Housing Supply in Monroe Township, OH

How many homes are available in Monroe Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Monroe Township real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 43
-25.0%
4 55
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 decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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 2 homes were sold or pending in Monroe Township in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

What housing markets are near Monroe Township, OH?