Is Monroe County, IN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Monroe County is a seller's market


Difference Since Last Month

Since last month, Monroe County has remained a Seller's Market.

Key Takeaway

Monroe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Monroe County, IN cost?

Median Sold Price



Based on all homes sold in February 2023.

Difference Since Last Month


Key Takeaway

Homes in Monroe County have sold for 14.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 -$90K
2 $193.2K$197.5K
3 $238K$282.5K
4 $422.9K$351.4K
5+ $1.2M$505K

Median Sold Price Compared To Nearby Counties

Lawrence County
Monroe County

How many homes are available in Monroe County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 67
2 7980
3 195200
4 89104
5+ 1927

Number of Homes Sold

Jan 2023Feb 2023%

Asking Price vs. Sold Price

62 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monroe County, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
5 Days46 Days+787.4%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Monroe County are selling fast, if you're buying plan to act quickly.

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

About Monroe County, IN

There are 418 homes are for sale in Monroe County, IN real estate market. In February 2023 in Monroe County, IN there were 7.7% more homes for sale than in January 2023. The median list price of listings available in February 2023 was $275,000, while the average time on the real estate market was 46 days. Listing prices have changed in this real estate market between February 2022 and February 2023: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 2.2%, prices of 3 bedrooms properties went up by 18.7%, prices of 4 bedrooms properties decreased by 16.9%, prices of 5 bedrooms properties went down by 57.9%. Volume of homes for sale changed: volume of 1 bedroom homes went up by 16.7%, 2 bedrooms homes became 1.3% more available, the quantity of 3 bedrooms homes went up by 2.6%, volume of 4 bedrooms homes went up by 16.9%, volume of 5 bedrooms homes went up by 42.1%. Over 18 listings were sold over their listed price in February 2023 in Monroe County, IN. In the same period over 62 listings were sold below the listed price and 21 listings were sold for the listed price.

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