Monroe Township Housing Market Report January 2025•Linn County, Iowa

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Housing Prices in Monroe Township, IA

How much do homes in Monroe Township, IA cost?

Housing Market Conditions

Is Monroe Township, 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 Township is a Buyer's Market

Difference Since January 2024

At the same time last year, Monroe Township was a Neutral Market.

Insight

Monroe Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$344,700$151/SqFt
+$29,700
+9.4%

Based on all homes sold in the last 12 months

Insight

Homes in Monroe Township have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $344,700 in January 2025, up 9.4% from last year, and the median price per square foot was $151.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Monroe Township
+9.4%
Clinton Township
+8.1%
Robins
+4.8%
Hiawatha
-22.1%

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.
BedsJan 2024Jan 2025Change YoY
1-$125K
N/A
2$137K$149.9K
+9.5%
3$235K$243K
+3.4%
4$354.9K$369.1K
+4.0%
5$565K$527.6K
-6.6%

Summary: Monroe Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.5%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +4.0%. The home price for 5 bedroom homes decreased by -6.6%.

Housing supply in Monroe Township, IA

How many homes are available in Monroe Township, 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
74Last MonthJan 2025
782 months agoDec 2024
-5.1 %
Change MoMDec – Jan

Summary: The Monroe Township real estate market had 74 homes for sale in Jan 2025, a 5.1 % decrease compared to Dec 2024.

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
10Last MonthJan 2025
162 months agoDec 2024
-37.5 %
Change MoMDec – Jan

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
289
+12.5%
33330
-9.1%
43228
-12.5%
557
+40.0%

Summary: Monroe Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.5%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +40.0%.

Asking Price vs. Sold Price

How much do homes in Monroe Township, 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 Price3 Homes

At Asking Price0 Home

Under Asking Price7 Homes

Insight

If you're buying a home in Monroe Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Monroe Township in January 2025, down by 37.5% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and and 30% were sold over asking.

Days on Market for Monroe Township, IA

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

Breakdown of Home Sale Times

Under 30 Days5 Homes

30 – 90 Days4 Homes

Over 90 Days1 Home

Insight

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

Summary: During January 2025, 10 homes were sold in Monroe Township; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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.
This Year1 year agoChange YoY
34 DaysThis YearJan 2025
113 Days1 year agoJan 2024
-69.2 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Monroe Township had an average listing age of 34 days in Jan 2025, down by 69.2% compared to the previous year.

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Newest Listings in Monroe Township, IA

What homes are available in Monroe Township, IA?

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MLS Disclaimers and Copyright

Based on information from Cedar Rapids MLS, and Des Moines MLS for the period 02/01/2023 - 02/01/2025

IDXProvided Courtesy Of Cedar Rapids 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 Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids 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: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 2/21/2025, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.