$95,000
5.80 Acres
Land
#1990781, Sady Aguiar, Listing Office: Rock Realty
Is Monroe, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$240,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,125(+10.7%)
Key Takeaway
Homes in Monroe have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Monroe was $240,000 in November 2024, up 10.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87K | $85K | -2.3% |
| 2 Bedrooms | $195K | $201K | +3.1% |
| 3 Bedrooms | $216.2K | $250K | +15.6% |
| 4 Bedrooms | $311.2K | $277.4K | -10.9% |
| 5+ Bedrooms | $328K | $290K | -11.6% |
Summary: Monroe housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 10.9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 60 | 52 | -13.3% |
Summary: The Monroe real estate market had 52 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Monroe 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 decreased by 14.3%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Monroe in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for Monroe, WI
We’re sorry, we don't have information for this market at the moment
