$3,741 Closing Credit*
$315,000
1,335 SqFt
3 Beds
•2 Full Baths
Cynthia Derolf, Listing Office: Pocono Area Realty Benz Group
Is Monroe County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Monroe County was a Seller's Market.
Key Takeaway
Monroe County 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 County, PA
How much do homes in Monroe County, PA cost?
Median Sold Price
$307,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,966(+2.3%)
Key Takeaway
Homes in Monroe County have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Monroe County was $307,500 in November 2024, up 2.3% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $117.5K | $156K | +32.8% |
| 2 Bedrooms | $202.5K | $215K | +6.2% |
| 3 Bedrooms | $280.8K | $285K | +1.5% |
| 4 Bedrooms | $365K | $360K | -1.4% |
| 5+ Bedrooms | $430K | $450K | +4.7% |
Summary: Monroe County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.8%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Counties
| Carbon County | $225.5K | $238.1K | +5.6% |
| Monroe County | $300.5K | $307.5K | +2.3% |
Housing Supply in Monroe County, PA
How many homes are available in Monroe County, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 415 | 396 | -4.6% |
Summary: The Monroe County real estate market had 396 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 32 | 33 | +3.1% |
| 3 Bedrooms | 192 | 190 | -1.0% |
| 4 Bedrooms | 128 | 114 | -10.9% |
| 5+ Bedrooms | 59 | 55 | -6.8% |
Summary: The Monroe County 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 3.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 6.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 59 | -11.9% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you may be able to get a good deal. 61% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in Monroe County in November 2024, down by 11.9% month-over-month. Of the 59 sold homes, 61% were sold under asking, 15% were sold at asking, and 24% were sold over asking.
Days on Market for Monroe County, PA
How long does it take to sell a home in Monroe County, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 44 Days | +32.5% |
Summary: Homes in Monroe County had an average of 44 days on market in Nov 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroe County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 59 homes were sold in Monroe County; 58% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.