Monroe Township Housing Market Report February 2025•Knox County, Ohio

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Housing Prices in Monroe Township, OH

How much do homes in Monroe Township, OH cost?

Housing Market Conditions

Is Monroe Township, OH 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 February 2024

Since last year, 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.
$375,000$162/SqFt
+$36,250
+10.7%

Based on all homes sold in the last 12 months

Insight

Homes in Monroe Township have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Monroe Township was $375,000 in February 2025, up 10.7% from last year, and the median price per square foot was $162.

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
Howard Township
+24.9%
Monroe Township
+10.7%
Mount Vernon
+9.1%

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.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$152.5K$262.7K
+72.3%
3$293.5K$325K
+10.7%
4$382.5K$391K
+2.2%
5$400K$522.4K
+30.6%

Summary: Monroe Township housing price by bedroom type for February 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 +72.3%. The home price for 3 bedroom homes increased by +10.7%. The home price for 4 bedroom homes increased by +2.2%. The home price for 5 bedroom homes increased by +30.6%.

Housing supply in Monroe Township, OH

How many homes are available in Monroe Township, OH?

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
26Last MonthFeb 2025
272 months agoJan 2025
-3.7 %
Change MoMJan – Feb

Summary: The Monroe Township real estate market had 26 homes for sale in Feb 2025, a 3.7 % decrease compared to Jan 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
7Last MonthFeb 2025
32 months agoJan 2025
+133.3 %
Change MoMJan – Feb

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.
BedsJan 2025Feb 2025Change MoM
100
0.0%
265
-16.7%
386
-25.0%
4710
+42.9%
565
-16.7%

Summary: Monroe Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -16.7%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes increased by +42.9%. The inventory for 5 bedroom homes decreased by -16.7%.

Asking Price vs. Sold Price

How much do homes in Monroe Township, OH 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 Price5 Homes

Insight

If you're buying a home in Monroe Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Monroe Township in February 2025, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.

Days on Market for Monroe Township, OH

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Monroe Township has remained consistent over time.

Summary: During February 2025, 7 homes were sold in Monroe Township; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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
83 DaysThis YearFeb 2025
39 Days1 year agoFeb 2024
+111.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Monroe Township had an average listing age of 83 days in Feb 2025, up by 111.0% compared to the previous year.

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Newest Listings in Monroe Township, OH

What homes are available in Monroe Township, OH?

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MLS Disclaimers and Copyright

Based on information from Columbus and Central Ohio Regional MLS, and Dayton MLS for the period 03/01/2023 - 03/01/2025

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. 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: 3/2/2025, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing 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. Copyright © 2025 DABR MLS. 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: 3/2/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.