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Monroe Township Housing Market Report June 2025•Madison 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 Seller's Market

Difference Since May 2025

Last month, Monroe Township has remained a Seller's Market.

Insight

Monroe Township 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.
$232,500$150/SqFt
-$35,000
-13.1%

Based on all homes sold in June 2025

Insight

Homes in Monroe Township have sold for 13.1% less than they did a month ago.

Summary: The median home sold price in Monroe Township was $232,500 in June 2025, down 13.1% from last month, and the median price per square foot was $150.

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 MoM
Peru
+62.8%
Monroe Township
-13.1%
Lincoln Township
-30.9%

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.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3$248.5K$232.5K
-6.4%
4$273.7K$291K
+6.3%
5--
N/A

Summary: Monroe Township housing price by bedroom type for June 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 decreased by -6.4%. The home price for 4 bedroom homes increased by +6.3%. The home price for 5 bedroom homes did not change.

How does Monroe Township, IA compare with other places?

Market comparison tool

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

Monroe Township, IA

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
11Last MonthJun 2025
172 months agoMay 2025
-35.3 %
Change MoMMay – Jun

Summary: The Monroe Township real estate market had 11 homes for sale in Jun 2025, a 35.3 % decrease compared to May 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
3Last MonthJun 2025
52 months agoMay 2025
-40.0 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
222
0.0%
384
-50.0%
475
-28.6%
500
0.0%

Summary: Monroe Township housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes decreased by -28.6%. The inventory for 5 bedroom homes remained the same.

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 Price1 Home

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in Monroe Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Monroe Township in June 2025, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% 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 Days2 Homes

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

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

Summary: During June 2025, 3 homes were sold in Monroe Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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
83 DaysLast MonthJun 2025
60 Days1 month agoMay 2025
+39.0 %
Change MoMMay – Jun

Summary: Homes in Monroe Township had an average listing age of 83 days in Jun 2025, up by 39.0% compared to the previous month.

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Newest Listings in Monroe Township, IA

What homes are available in Monroe Township, IA?

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Nearby markets

Nearby markets aren't available for Monroe Township, IA

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MLS Disclaimers and Copyright

Based on information from Des Moines MLS, for the period 05/01/2025 - 07/01/2025

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: 7/24/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.