Is Monroe County, 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 County was a Seller's Market.
Key Takeaway
Monroe County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Monroe County, WI
How much do homes in Monroe County, WI cost?
Median Sold Price
$232,333
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Monroe County have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Monroe County was $232,333 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 | - | $87.7K | N/A |
| 2 Bedrooms | $163K | $158.2K | -2.9% |
| 3 Bedrooms | $222.7K | $215K | -3.5% |
| 4 Bedrooms | $246.5K | $310K | +25.8% |
| 5+ Bedrooms | $380.9K | $385K | +1.1% |
Summary: Monroe County 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 2.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Counties
| La Crosse County | $270K | $290.9K | +7.7% |
| Monroe County | $231K | $232.3K | +0.6% |
| Vernon County | $255K | $230K | -9.8% |
Housing Supply in Monroe County, WI
How many homes are available in Monroe County, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 121 | +33.0% |
Summary: The Monroe County real estate market had 121 homes for sale in March 2024, a 33.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 15 | +87.5% |
| 3 Bedrooms | 48 | 63 | +31.3% |
| 4 Bedrooms | 28 | 32 | +14.3% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Monroe County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 87.5%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Monroe County in March 2024, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 31% were sold at asking, and 44% 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
