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 Last Month

Since last month, 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.

How much do homes in Monroe County, WI cost?

Median Sold Price

$239,900

$133/sqft

Based on all homes sold in July 2022.

Difference Since Last Month

+$15,900(+7.1%)

Key Takeaway

Homes in Monroe County have sold for 7.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJun 2022Jul 2022%
1 $120K-
N/A
2 $140K$157.7K
+12.7%
3 $215K$260K
+20.9%
4 $252.5K$225K
-10.9%
5+ $382K$270K
-29.3%

Median Sold Price Compared To Nearby Counties

Monroe County
+7.1%
Juneau County
+1.9%
Vernon County
-5.3%
Jackson County
-22.8%

How many homes are available in Monroe County, WI?

Number of Homes For Sale

Jun 2022Jul 2022%
136130-4.4%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 21
-50.0%
2 1417
+21.4%
3 6766
-1.5%
4 4034
-15.0%
5+ 1312
-7.7%

Number of Homes Sold

Jun 2022Jul 2022%
4733-29.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 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. 60.6% of homes here sold above asking price last month.

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

About Monroe County, WI

There are 130 homes are for sale in Monroe County, WI real estate market. Between June 2022 and July 2022, Monroe County, WI real estate market has seen decrease in the number of listings by 4.4%. Listing prices have changed in this real estate market between July 2021 and July 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 12.7% more expensive, 3 bedrooms properties prices increased by 20.9%, the cost of 4 bedrooms properties went down by 10.9%, 5 bedrooms properties became 29.3% more cheaper. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 50%, number of 2 bedrooms homes increased by 21.4%, volume of 3 bedrooms homes went down by 1.5%, volume of 4 bedrooms homes went down by 15%, 5 bedrooms homes inventory decreased by 7.7%. In July 2022 more than 20 listings in Monroe County, WI were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 6 were sold below.

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