Is Monroe, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Monroe was a Buyer's Market.
Housing Prices in Monroe, WI
How much do homes in Monroe, WI cost?
Median Sold Price
$220,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Monroe was $220,000 in March 2024, up 0.6% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $87K | N/A |
2 Bedrooms | $212.2K | $195.2K | -8.0% |
3 Bedrooms | $265K | $219.4K | -17.2% |
4 Bedrooms | $186K | $307.5K | +65.3% |
5+ Bedrooms | $709K | $330K | -53.5% |
Summary: Monroe housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes increased by 65.3%, and 5+ bedroom homes decreased by 53.5%.
Median Sold Price Compared To Nearby Cities
Monroe | $218.7K | $220K | +0.6% |
Arkdale | $325K | $247.4K | -23.9% |
Housing Supply in Monroe, WI
How many homes are available in Monroe, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
43 | 46 | +7.0% |
Summary: The Monroe real estate market had 46 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 25 | 27 | +8.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Monroe housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Monroe in March 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Monroe, WI
We’re sorry, we don't have information for this market at the moment