Is Monroe Township, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Monroe Township has remained a Seller's Market.
Housing Prices in Monroe Township, IA
How much do homes in Monroe Township, IA cost?
Median Sold Price
$317,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monroe Township was $317,000 in April 2024, up 1.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.5K | - | N/A |
2 Bedrooms | $137K | $135K | -1.5% |
3 Bedrooms | $251.2K | $241.2K | -4.0% |
4 Bedrooms | $335K | $355.4K | +6.1% |
5+ Bedrooms | $579.5K | $531.7K | -8.3% |
Summary: Monroe Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 8.3%.
Median Sold Price Compared To Nearby Cities
Clinton Township | $115K | $126.9K | +10.3% |
Robins | $418.5K | $449.8K | +7.5% |
Monroe Township | $313.5K | $317K | +1.1% |
Housing Supply in Monroe Township, IA
How many homes are available in Monroe Township, IA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 74 | +2.8% |
Summary: The Monroe Township real estate market had 74 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 35 | 29 | -17.1% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Monroe Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Monroe Township in April 2024, up by 41.7% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% were sold over asking.
Days on Market for Monroe Township, IA
How long does it take to sell a home in Monroe Township, IA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 49 Days | +775.1% |
Summary: Homes in Monroe Township had an average of 49 days on market in Apr 2024, up by 775.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Monroe Township; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.