Is Monroe County, WI 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.
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
$234,466
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Monroe County have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Monroe County was $234,466 in April 2024, up 4.2% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $163K | $159.2K | -2.3% |
| 3 Bedrooms | $220K | $215K | -2.3% |
| 4 Bedrooms | $234.2K | $310K | +32.3% |
| 5+ Bedrooms | $382K | $376K | -1.6% |
Summary: Monroe County 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 decreased by 2.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Counties
| Juneau County | $201.7K | $225K | +11.5% |
| La Crosse County | $272.8K | $295.7K | +8.4% |
| Monroe County | $225K | $234.4K | +4.2% |
| Vernon County | $232.4K | $239.2K | +2.9% |
| Jackson County | $220.2K | $193.7K | -12.0% |
Housing Supply in Monroe County, WI
How many homes are available in Monroe County, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 114 | 143 | +25.4% |
Summary: The Monroe County real estate market had 143 homes for sale in April 2024, a 25.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 57 | 67 | +17.5% |
| 4 Bedrooms | 32 | 49 | +53.1% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Monroe County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 53.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 29 | +26.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monroe County, you could pay more than the asking price. 48.3% of homes here sold above asking price last month.
Summary: A total of 29 homes were sold or pending in Monroe County in April 2024, up by 26.1% month-over-month. Of the 29 sold homes, 31% were sold under asking, 21% were sold at asking, and 48% were sold over asking.
Days on Market for Monroe County, WI
How long does it take to sell a home in Monroe County, WI?
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Monroe County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 29 homes were sold in Monroe County; 7% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
