Housing Prices in Monroe Center, IL

How much do homes in Monroe Center, IL cost?

Median List Price

$184,900

$125/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$65,059(-26.0%)

Key Takeaway

The list price of homes in Monroe Center has decreased by 26% since last year.

Summary: The median home list price in Monroe Center was $184,900 in April 2024, down 26% from the previous year, and the median price per square foot was $125.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $210K$247.4K
+17.8%
3 $247.5K$172.4K
-30.3%
4 $234.9K$249.9K
+6.4%
5+ $2.1M-
N/A

Summary: Monroe Center 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 increased by 17.8%, 3 bedroom homes decreased by 30.3%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Monroe Township
-17.0%
Monroe Center
-26.0%

Housing Supply in Monroe Center, IL

How many homes are available in Monroe Center, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Monroe Center real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Monroe Center housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Monroe Center, IL

How long does it take to sell a home in Monroe Center, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
94 Days69 Days-26.2%

Summary: Homes in Monroe Center had an average listing age of 69 days in Apr 2024, down by 26.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Monroe Center, IL

Nearby Markets to Monroe Center, IL