Is Monroe Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Monroe Township has remained a Seller's Market.
Housing Prices in Monroe Township, OH
How much do homes in Monroe Township, OH cost?
Median Sold Price
$311,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Monroe Township was $311,500 in March 2024, up 30.3% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $106K | $265K | +150.0% |
2 Bedrooms | $149.6K | $171K | +14.3% |
3 Bedrooms | $242.9K | $265K | +9.1% |
4 Bedrooms | $390.2K | $382.5K | -2.0% |
5+ Bedrooms | $401K | $419.9K | +4.7% |
Summary: Monroe Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
Monroe Township | $239K | $311.5K | +30.3% |
Sherrodsville | $190.7K | $196.4K | +3.0% |
Warren Township | $135K | $126.1K | -6.5% |
Housing Supply in Monroe Township, OH
How many homes are available in Monroe Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The Monroe Township real estate market had 17 homes for sale in March 2024, a 21.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Monroe Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 71.4%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Monroe Township in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Monroe Township, OH
How long does it take to sell a home in Monroe Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 66 Days | +49.3% |
Summary: Homes in Monroe Township had an average of 66 days on market in Mar 2024, up by 49.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Monroe Township; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.