Housing Prices in Monroe, VA

How much do homes in Monroe, VA cost?

Median List Price

$260,000

$141/sqft

Based on all homes listed in the last 12 months.

Difference Since February 2023

+$525(+0.2%)

Key Takeaway

The list price of homes in Monroe has remained the same since last year.

Summary: The median home list price in Monroe was $260,000 in February 2024, up 0.2% from the previous year, and the median price per square foot was $141.

Median List Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$673.5K
N/A
2 $259.2K$189.9K
-26.7%
3 $242.4K$247.4K
+2.0%
4 $362.5K$282.4K
-22.1%
5+ $406K$355K
-12.6%

Summary: Monroe housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes decreased by 12.6%.

Median List Price Compared To Nearby Cities

Taylor
+34.6%
Harrison
+16.0%
Glade Spring
+12.5%
Monroe
0.2%
Meadowview
-5.0%

Housing Supply in Monroe, VA

How many homes are available in Monroe, VA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1213+8.3%

Summary: The Monroe real estate market had 13 homes for sale in February 2024, a 8.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 87
-12.5%
4 22
0.0%
5+ 11
0.0%

Summary: The Monroe housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Monroe, VA

How long does it take to sell a home in Monroe, VA?

Average Listing Age

Feb 2023Feb 2024CHANGE
97 Days108 Days+11.3%

Summary: Homes in Monroe had an average listing age of 108 days in Feb 2024, up by 11.3% compared to the previous year.

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

Report Updated 27 Days Ago

Newest Listings in Monroe, VA

Nearby Markets to Monroe, VA

What housing markets are near Monroe, VA?