Is Munroe Falls, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Munroe Falls is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Munroe Falls has remained a Seller's Market.

Key Takeaway

Munroe Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Munroe Falls, OH cost?

Median Sold Price

$312,500

$148/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$122,500(+64.5%)

Key Takeaway

Homes in Munroe Falls have sold for 64.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 $190K$290K
+52.6%
4 -$335K
N/A
5+ --
N/A

How many homes are available in Munroe Falls, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
1915-21.1%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 33
0.0%
3 127
-41.7%
4 34
+33.3%
5+ 11
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Munroe Falls, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
17 Days41 Days+134.4%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Munroe Falls are selling fast, if you're buying plan to act quickly.

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

About Munroe Falls, OH

Homes for sale in Munroe Falls, OH have reached 15. In December 2022 in Munroe Falls, OH there were 21.1% less homes for sale than in November 2022. While the average time on the market in December 2022 was 41 days, the median list price was $312,500. From December 2021 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 52.6%, the cost of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 41.7%, the quantity of 4 bedrooms homes went up by 33.3%, the quantity of 5 bedrooms homes have not changed. While more than 2 listings in Munroe Falls, OH in December 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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