Is Monroe Township, PA 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 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

# BEDSJan 2022Jan 2023%
1 $135K-
N/A
2 $223.7K$240.5K
+7.5%
3 $275.1K$342.5K
+24.5%
4 $392K$390K
-0.5%
5+ $780K$787.5K
+1.0%

Median Sold Price Compared To Nearby Cities

Monroe Township
+20.7%
Upper Allen Township
+17.5%
Carroll Township
+14.1%
Mechanicsburg
+13.3%
Boiling Springs
-2.4%

How many homes are available in Monroe Township, PA?

Number of Homes For Sale

Dec 2022Jan 2023%
136-53.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 63
-50.0%
4 42
-50.0%
5+ 20
-100.0%

Number of Homes Sold

Dec 2022Jan 2023%
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022Jan 2023%
7 Days47 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Monroe Township 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 Monroe Township, PA

Monroe Township, PA has 6 homes for sale to choose from. The number of homes for sale in Monroe Township, PA decreased by 53.8% between December 2022 and January 2023. Listings spent 47 days on the market in January 2023, and had a median list price of $386,000 during the same period. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 7.5%, prices of 3 bedrooms properties went up by 24.5%, the cost of 4 bedrooms properties went down by 0.5%, 5 bedrooms properties became 1% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes did not move, 3 bedrooms homes became 50% less available, number of 4 bedrooms homes decreased by 50%, volume of 5 bedrooms homes went down by 100%. In January 2023, from all listings sold in Monroe Township, PA there were more than 0 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports