Is Monroe Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Monroe Township has remained a Seller's Market.
Housing Prices in Monroe Township, OH
How much do homes in Monroe Township, OH cost?
Median Sold Price
$299,633
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monroe Township was $299,633 in April 2024, down 0.1% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $85K | N/A |
2 Bedrooms | $139K | $161K | +15.8% |
3 Bedrooms | $250K | $262K | +4.8% |
4 Bedrooms | $381.2K | $369.9K | -3.0% |
5+ Bedrooms | $416.2K | $487.2K | +17.1% |
Summary: Monroe Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
Tipp City | $315K | $350.2K | +11.2% |
Vandalia | $205K | $223.5K | +9.0% |
Butler Township | $259.9K | $265.2K | +2.0% |
Monroe Township | $300K | $299.6K | -0.1% |
Bethel Township | $289K | $248K | -14.2% |
Housing Supply in Monroe Township, OH
How many homes are available in Monroe Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 72 | +7.5% |
Summary: The Monroe Township real estate market had 72 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Monroe Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Monroe Township in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Monroe Township, OH
How long does it take to sell a home in Monroe Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 51 Days | -40.2% |
Summary: Homes in Monroe Township had an average of 51 days on market in Apr 2024, down by 40.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Monroe Township; 28% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.