Is Monroe Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
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.
How much do homes in Monroe Township, PA cost?
Median Sold Price
$386,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$66,100(+20.7%)
Key Takeaway
Homes in Monroe Township have sold for 20.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $135K | - | N/A |
| 2 Bedrooms | $223.7K | $240.5K | +7.5% |
| 3 Bedrooms | $275.1K | $342.5K | +24.5% |
| 4 Bedrooms | $392K | $390K | -0.5% |
| 5+ Bedrooms | $780K | $787.5K | +1.0% |
Median Sold Price Compared To Nearby Cities
| Monroe Township | $319.9K | $386K | +20.7% |
| Upper Allen Township | $259.6K | $305K | +17.5% |
| Carroll Township | $362.5K | $413.7K | +14.1% |
| Mechanicsburg | $208.2K | $235.9K | +13.3% |
| Boiling Springs | $356K | $347.5K | -2.4% |
How many homes are available in Monroe Township, PA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 13 | 6 | -53.8% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 7 Days | 47 Days | +571.4% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monroe Township are selling fast, if you're buying plan to act quickly.
