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
$331,000
$145/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 $331,000 in April 2024, down 1.2% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39K | - | N/A |
2 Bedrooms | $18K | $69.9K | +288.3% |
3 Bedrooms | $264.9K | $265K | 0.0% |
4 Bedrooms | $425.9K | $375K | -12.0% |
5+ Bedrooms | - | $419.9K | N/A |
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 288.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 12%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Franklin Township | $210K | $266K | +26.7% |
Monroe Township | $335K | $331K | -1.2% |
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 |
---|---|---|
15 | 18 | +20.0% |
Summary: The Monroe Township real estate market had 18 homes for sale in April 2024, a 20.0% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 2 | 6 | +200.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
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 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Monroe Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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 |
---|---|---|
81 Days | 42 Days | -47.5% |
Summary: Homes in Monroe Township had an average of 42 days on market in Apr 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Monroe Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.