Is Monroe Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$325,750
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monroe Township was $325,750 in April 2024, up 6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66K | - | N/A |
2 Bedrooms | $269.9K | $220K | -18.5% |
3 Bedrooms | $250K | $262K | +4.8% |
4 Bedrooms | $409.9K | $375K | -8.5% |
5+ Bedrooms | $115K | $441.2K | +283.7% |
Summary: Monroe Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 283.7%.
Median Sold Price Compared To Nearby Cities
Franklin Township | $202.5K | $259K | +27.9% |
Union Township | $190K | $209K | +10.0% |
Monroe Township | $307.4K | $325.7K | +6.0% |
Twin Township | $185K | $185K | 0.0% |
Housing Supply in Monroe Township, OH
How many homes are available in Monroe Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Monroe Township real estate market had 20 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 4 | 8 | +100.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Monroe Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Monroe Township in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 56 Days | +45.5% |
Summary: Homes in Monroe Township had an average of 56 days on market in Apr 2024, up by 45.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Monroe Township; 0% of homes were sold within 30 days, 86% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.