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 September 2023

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.

Housing Prices in Monroe Township, OH

How much do homes in Monroe Township, OH cost?

Median Sold Price

$350,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,000(+2.3%)

Key Takeaway

Homes in Monroe Township have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $350,000 in September 2024, up 2.3% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $175K$310K
+77.1%
3 $310K$310K
0.0%
4 $425K$375K
-11.8%
5+ $619.5K$419.9K
-32.2%

Summary: Monroe Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 32.2%.

Median Sold Price Compared To Nearby Cities

Hardy Township
+11.6%
Monroe Township
+2.3%

Housing Supply in Monroe Township, OH

How many homes are available in Monroe Township, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2423-4.2%

Summary: The Monroe Township real estate market had 23 homes for sale in September 2024, a 4.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 78
+14.3%
4 138
-38.5%
5+ 34
+33.3%

Summary: The Monroe Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 38.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Monroe Township in September 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Monroe Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 12 Days Ago

Newest Listings in Monroe Township, OH

Nearby Markets to Monroe Township, OH