$10,000 Closing Credit*
$995,000
1,624 SqFt
1 Bed
•2 Full Baths, 1 Partial
Christiane Gathright, Listing Office: Central Virginia Country Realty LLC
Housing Prices in Monroe, VA
How much do homes in Monroe, VA cost?
Median List Price
$262,450
$209/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$2,500(+1.0%)
Key Takeaway
The list price of homes in Monroe has increased by 1% since last year.
Summary: The median home list price in Monroe was $262,450 in October 2024, up 1% from the previous year, and the median price per square foot was $209.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | $199.9K | +11.1% |
| 3 Bedrooms | $259.9K | $235K | -9.6% |
| 4 Bedrooms | $995K | $554.4K | -44.3% |
| 5+ Bedrooms | $317.4K | $1.7M | +451.3% |
Summary: Monroe 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 11.1%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 44.3%, and 5+ bedroom homes increased by 451.3%.
Median List Price Compared To Nearby Cities
| Madison Heights | $225K | $269.5K | +19.8% |
| Buena Vista | $187.5K | $211K | +12.5% |
| Big Island | $215K | $224.5K | +4.4% |
| Monroe | $259.9K | $262.4K | +1.0% |
Housing Supply in Monroe, VA
How many homes are available in Monroe, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Monroe real estate market had 11 homes for sale in October 2024, a 8.3% decrease 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Monroe 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Monroe, VA
How long does it take to sell a home in Monroe, VA?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 108 Days | 67 Days | -37.3% |
Summary: Homes in Monroe had an average listing age of 67 days in Oct 2024, down by 37.3% compared to the previous year.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.