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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monroe Township is a seller's market

Buyer's
Market

Difference Since November 2021

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, OH cost?

Median Sold Price

$282,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$7,000(+2.5%)

Key Takeaway

Homes in Monroe Township have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $101.4K$70K
-31.0%
2 $141.2K$142K
+0.6%
3 $232.4K$241.2K
+3.8%
4 $320.7K$364.9K
+13.8%
5+ $375K$447.5K
+19.3%

Median Sold Price Compared To Nearby Cities

Vandalia
+5.1%
Butler Township
+4.0%
Monroe Township
+2.5%
Tipp City
+1.2%

How many homes are available in Monroe Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
4739-17.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 54
-20.0%
3 1616
0.0%
4 2215
-31.8%
5+ 44
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
189-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monroe Township, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
65 Days49 Days-24.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Monroe Township has remained consistent over time.

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

About Monroe Township, OH

There are 39 homes are for sale in Monroe Township, OH real estate market. The number of homes for sale in Monroe Township, OH decreased by 17% between October 2022 and November 2022. Listings spent 49 days on the market in November 2022, and had a median list price of $282,000 during the same period. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 31% more cheaper, prices of 2 bedrooms properties increased by 0.6%, prices of 3 bedrooms properties increased by 3.8%, the cost of 4 bedrooms properties went up by 13.8%, the cost of 5 bedrooms properties went up by 19.3%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 20%, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went down by 31.8%, the quantity of 5 bedrooms homes have not changed. Over 1 listings were sold over their listed price in November 2022 in Monroe Township, OH. In the same period over 3 listings were sold below the listed price and 5 listings were sold for the listed price.

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