Is Monroe Township, NC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Monroe Township is a seller's market


Difference Since May 2022

Since last year, Monroe Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Monroe Township, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Monroe Township have sold for 30.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 --
2 $170K$232.5K
3 $255K$345K
4 $436K$439.9K
5+ $425.8K$500K

Median Sold Price Compared To Nearby Cities

Monroe Township
Browns Summit
Mc Leansville
Madison Township
Gilmer Township

How many homes are available in Monroe Township, NC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 01
2 3028
3 165163
4 8685
5+ 2625

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monroe Township, you may be able to get a good deal. 54.4% of homes here sold below asking price last month.

How long does it take to sell a home in Monroe Township, NC?

How long does it take to sell a home in Monroe Township, NC?

Average Sale Time

May 2022May 2023%
18 Days30 Days+64.5%

Breakdown of Home Sale Times

63 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Monroe Township 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.

What housing markets are near Monroe Township, NC?

About Monroe Township, NC

Monroe Township, NC has 302 homes for sale to choose from. The inventory of homes for sale in Monroe Township, NC between April 2023 and May 2023 decreased by 1.6%. Listings spent 30 days on the market in May 2023, and had a median list price of $375,000 during the same period. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 36.8% more expensive, prices of 3 bedrooms properties increased by 35.3%, the cost of 4 bedrooms properties went up by 0.9%, prices of 5 bedrooms properties increased by 17.4%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory decreased by 6.7%, 3 bedrooms homes inventory decreased by 1.2%, 4 bedrooms homes became 1.2% less available, 5 bedrooms homes inventory decreased by 3.8%. While more than 21 listings in Monroe Township, NC in May 2023 were sold above asking price, there were more than 20 listings sold at asking price, and more than 49 were sold below.