$2,599 Closing Credit*
$218,900
1,431 SqFt
3 Beds
•2 Full Baths
#1989828, Pam Krahenbuhl, Listing Office: EXIT Professional Real Estate
Is Monroe, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Monroe has remained a Seller's Market.
Key Takeaway
Monroe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monroe, WI
How much do homes in Monroe, WI cost?
Median Sold Price
$230,750
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,250(+6.1%)
Key Takeaway
Homes in Monroe have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Monroe was $230,750 in October 2024, up 6.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $85K | -2.3% |
| 2 Bedrooms | $200K | $198K | -1.0% |
| 3 Bedrooms | $218K | $231.5K | +6.2% |
| 4 Bedrooms | $300K | $277.9K | -7.4% |
| 5+ Bedrooms | $328K | $290K | -11.6% |
Summary: Monroe housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 11.6%.
Housing Supply in Monroe, WI
How many homes are available in Monroe, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 62 | -3.1% |
Summary: The Monroe real estate market had 62 homes for sale in October 2024, a 3.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 23 | 28 | +21.7% |
| 4 Bedrooms | 23 | 17 | -26.1% |
| 5+ Bedrooms | 3 | 3 | 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 7.1%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Monroe in October 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Monroe, WI
We’re sorry, we don't have information for this market at the moment
