Is Monroe County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2021
Since last year, 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, MO cost?
Median Sold Price
$138,750
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2021
+$25,500(+22.5%)
Key Takeaway
Homes in Monroe County have sold for 22.5% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Oct 2021 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | $104.7K | $360K | +243.7% |
| 2 Bedrooms | $76.7K | $88.2K | +15.0% |
| 3 Bedrooms | $123.1K | $144.9K | +17.7% |
| 4 Bedrooms | $172.2K | $171.7K | -0.3% |
| 5+ Bedrooms | $258.2K | $380K | +47.1% |
Median Sold Price Compared To Nearby Counties
| Shelby County | $60.2K | $75K | +24.5% |
| Ralls County | $138.6K | $172.5K | +24.4% |
| Monroe County | $113.2K | $138.7K | +22.5% |
| Audrain County | $107.1K | $126K | +17.6% |
| Randolph County | $120K | $136.5K | +13.8% |
How many homes are available in Monroe County, MO?
Number of Homes For Sale
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 41 | 37 | -9.8% |
Homes For Sale By Bedroom Count
| # BEDS | Sep 2022 | Oct 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 7 | 9 | +28.6%  |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Sep 2022 | Oct 2022 | % |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Oct 2021 | Oct 2022 | % |
|---|---|---|
| 54 Days | 65 Days | +19.9% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Monroe County has remained consistent over time.
