#719711, Danny West, Listing office: RE/MAX Concepts
Monroe Housing Market Report May 2025•Jasper County, Iowa
Housing Prices in Monroe, IA
How much do homes in Monroe, IA cost?
Housing Market Conditions
Is Monroe, IA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Monroe is a Seller's Market
Difference Since April 2025
Last month, Monroe has remained a Seller's Market.
Monroe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in May 2025
Homes in Monroe have sold for 16% less than they did a month ago.
Summary: The median home sold price in Monroe was $267,500 in May 2025, down 16% from last month, and the median price per square foot was $247.
Median Sold Price By Cities
City | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
Fairview Township | $318.5K | $267.5K | -16.0% |
Monroe | $318.5K | $267.5K | -16.0% |
Median Sold Price By Bedrooms
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | - | N/A |
33 Bedrooms | - | $256.7K | N/A |
44 Bedrooms | $318.5K | $267.5K | -16.0% |
55+ Bedrooms | - | - | N/A |
Summary: Monroe housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -16.0%. The home price for 5 bedroom homes did not change.
How does Monroe, IA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Monroe, IA
Housing supply in Monroe, IA
How many homes are available in Monroe, IA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthMay 2025 | ||
112 months agoApr 2025 | +27.3 % Change MoMApr – May |
Summary: The Monroe real estate market had 14 homes for sale in May 2025, a 27.3 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
3Last MonthMay 2025 | ||
22 months agoApr 2025 | +50.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 2 | +100.0% |
33 Bedrooms | 3 | 7 | +133.3% |
44 Bedrooms | 8 | 5 | -37.5% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Monroe housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +133.3%. The inventory for 4 bedroom homes decreased by -37.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Monroe, IA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
If you're buying a home in Monroe, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Monroe in May 2025, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Monroe, IA
How long does it take to sell a home in Monroe, IA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Monroe are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 3 homes were sold in Monroe; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
89 DaysLast MonthMay 2025 | ||
93 Days1 month agoApr 2025 | -3.6 % Change MoMApr – May |
Summary: Homes in Monroe had an average listing age of 89 days in May 2025, down by 3.6% compared to the previous month.
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Newest Listings in Monroe, IA
What homes are available in Monroe, IA?
Nearby markets
Nearby markets aren't available for Monroe, IA
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MLS Disclaimers and Copyright
Based on information from Des Moines MLS, for the period 04/01/2025 - 06/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 5:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.