Is Monroe County, PA 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 County has remained a Seller's Market.
Housing Prices in Monroe County, PA
How much do homes in Monroe County, PA cost?
Median Sold Price
$305,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monroe County was $305,000 in April 2024, up 5.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $140.5K | +16.1% |
2 Bedrooms | $195K | $203.7K | +4.5% |
3 Bedrooms | $272.5K | $283K | +3.9% |
4 Bedrooms | $350K | $365K | +4.3% |
5+ Bedrooms | $397.6K | $480K | +20.7% |
Summary: Monroe County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Counties
Monroe County | $289.9K | $305K | +5.2% |
Carbon County | $225.7K | $236.8K | +4.9% |
Housing Supply in Monroe County, PA
How many homes are available in Monroe County, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
339 | 352 | +3.8% |
Summary: The Monroe County real estate market had 352 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 169 | 165 | -2.4% |
4 Bedrooms | 93 | 104 | +11.8% |
5+ Bedrooms | 48 | 54 | +12.5% |
Summary: The Monroe County 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 remained the same, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 66 | +1.5% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Monroe County in April 2024, up by 1.5% month-over-month. Of the 66 sold homes, 48% were sold under asking, 18% were sold at asking, and 33% were sold over asking.
Days on Market for Monroe County, PA
How long does it take to sell a home in Monroe County, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 53 Days | +60.8% |
Summary: Homes in Monroe County had an average of 53 days on market in Apr 2024, up by 60.8% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 66 homes were sold in Monroe County; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.