Is Monroe, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
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.
How much do homes in Monroe, GA cost?
Median Sold Price
$382,077
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
+$107,110(+39.0%)
Key Takeaway
Homes in Monroe have sold for 39% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $117K | - | N/A |
| 2 Bedrooms | $182.5K | $225K | +23.3% |
| 3 Bedrooms | $257.5K | $305K | +18.4% |
| 4 Bedrooms | $329.2K | $434.8K | +32.1% |
| 5+ Bedrooms | $460K | $550K | +19.6% |
How many homes are available in Monroe, GA?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 317 | 353 | +11.4% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 102 | 112 | +9.8% |
| 4 Bedrooms | 146 | 167 | +14.4% |
| 5+ Bedrooms | 56 | 62 | +10.7% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 65 | 71 | +9.2% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
How long does it take to sell a home in Monroe, GA?
How long does it take to sell a home in Monroe, GA?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 36 Days | 59 Days | +64.6% |
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroe are selling fast, if you're buying plan to act quickly.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Athens Area Association of Realtors. Information deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.