Monroe County Housing Market Report May 2025•Monroe County, Iowa

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Housing Prices in Monroe County, IA

How much do homes in Monroe County, IA cost?

Housing Market Conditions

Is Monroe County, IA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Monroe County is a Seller's Market

Difference Since April 2025

Last month, Monroe County was a Buyer's Market.

Insight

Monroe County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$117,500$99/SqFt
+$57,500
+95.8%

Based on all homes sold in May 2025

Insight

Homes in Monroe County have sold for 95.8% more than they did a month ago.

Summary: The median home sold price in Monroe County was $117,500 in May 2025, up 95.8% from last month, and the median price per square foot was $99.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2025May 2025Change MoM
1--
N/A
2$60K$117.5K
+95.8%
3--
N/A
4--
N/A
5--
N/A

Summary: Monroe County 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 increased by +95.8%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Monroe County, IA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Monroe County, IA

Housing supply in Monroe County, IA

How many homes are available in Monroe County, IA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthMay 2025
82 months agoApr 2025
-12.5 %
Change MoMApr – May

Summary: The Monroe County real estate market had 7 homes for sale in May 2025, a 12.5 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthMay 2025
12 months agoApr 2025
+100.0 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
243
-25.0%
310
-100.0%
422
0.0%
512
+100.0%

Summary: Monroe County 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 decreased by -25.0%. The inventory for 3 bedroom homes decreased by -100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Monroe County, IA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Monroe County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Monroe County in May 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Monroe County, IA

How long does it take to sell a home in Monroe County, IA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Many homes in Monroe County are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 2 homes were sold in Monroe County; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
54 DaysLast MonthMay 2025
119 Days1 month agoApr 2025
-54.2 %
Change MoMApr – May

Summary: Homes in Monroe County had an average listing age of 54 days in May 2025, down by 54.2% compared to the previous month.

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Newest Listings in Monroe County, IA

What homes are available in Monroe County, 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

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 3:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.