Is Monroe County, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monroe County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Monroe County has remained a Seller's Market.

Key Takeaway

Monroe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Monroe County, WI

How much do homes in Monroe County, WI cost?

Median Sold Price

$245,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.5%)

Key Takeaway

Homes in Monroe County have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Monroe County was $245,000 in October 2024, up 6.5% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$174.2K
+93.6%
2 $158.5K$175K
+10.4%
3 $211K$225K
+6.6%
4 $310K$292K
-5.8%
5+ $405K$375K
-7.4%

Summary: Monroe County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.6%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Counties

Vernon County
+13.0%
La Crosse County
+10.4%
Monroe County
+6.5%

Housing Supply in Monroe County, WI

How many homes are available in Monroe County, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147134-8.8%

Summary: The Monroe County real estate market had 134 homes for sale in October 2024, a 8.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1721
+23.5%
3 6863
-7.4%
4 4737
-21.3%
5+ 1311
-15.4%

Summary: The Monroe County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 21.3%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4528-37.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monroe County, you could pay more than the asking price. 60.7% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Monroe County in October 2024, down by 37.8% month-over-month. Of the 28 sold homes, 29% were sold under asking, 11% were sold at asking, and 61% were sold over asking.

Days on Market for Monroe County, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in Monroe County, WI

Nearby Markets to Monroe County, WI

What housing markets are near Monroe County, WI?