Monroe, IA
Housing market overview · Updated weekly
$165,000median sale price
Homes sold
1
Last 12 weeks
Days on market
29
Average pace
Active listings
12
12.0 months supply
Sale-to-list
94.3%
Below asking
The Monroe housing market is currently classified as a buyer's market with a median sale price of $165,000. Prices have fallen 26.7% compared to last year, with homes spending an average of 29 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Monroe
There are currently 12 homes listed for sale in Monroe, Iowa. The median listing price is $275K.
Active listings
12
Homes on market
Median list price
$275K
Avg. days on market
29
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Monroe?
The median home sale price in Monroe is $165,000, down 26.7% from last year.
How long do homes stay on market in Monroe?
Homes typically spend 29 days on market before going under contract.
Is Monroe a buyer's or seller's market?
With 12.0 months of supply, Monroe is currently a buyer's market.
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