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
$363,375
$147/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 $363,375 in March 2024, up 6.9% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $174K | $216.2K | +24.3% |
3 Bedrooms | $307.4K | $274.5K | -10.7% |
4 Bedrooms | $409.9K | $390K | -4.9% |
5+ Bedrooms | $658K | $419.9K | -36.2% |
Summary: Monroe Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 36.2%.
Median Sold Price Compared To Nearby Cities
Monroe Township | $340K | $363.3K | +6.9% |
Jefferson Township | $210K | $216.2K | +3.0% |
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 | 15 | +7.1% |
Summary: The Monroe Township real estate market had 15 homes for sale in March 2024, a 7.1% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
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 increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Monroe Township in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 |
---|---|---|
152 Days | 75 Days | -50.5% |
Summary: Homes in Monroe Township had an average of 75 days on market in Mar 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Monroe Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.