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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $673.5K | N/A |
2 Bedrooms | $259.2K | $189.9K | -26.7% |
3 Bedrooms | $242.4K | $247.4K | +2.0% |
4 Bedrooms | $362.5K | $282.4K | -22.1% |
5+ Bedrooms | $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 | $189K | $254.4K | +34.6% |
Harrison | $267.2K | $309.9K | +16.0% |
Glade Spring | $239.9K | $269.9K | +12.5% |
Monroe | $259.4K | $260K | 0.2% |
Meadowview | $210K | $199.4K | -5.0% |
Housing Supply in Monroe, VA
How many homes are available in Monroe, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 13 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 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 2023 | Feb 2024 | CHANGE |
---|---|---|
97 Days | 108 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.