Monroe Housing Market Report December 2024Benton County, Oregon

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Housing Prices in Monroe, OR

How much do homes in Monroe, OR cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$542,499$318/SqFt
+$107,599
+24.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Monroe has increased by 24.7% since last year.

Summary: The median home list price in Monroe was $542,499 in December 2024, up 24.7% from the previous year, and the median price per square foot was $318.

Median List Price By City

Median List Price By City
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
+24.7%
Southeast Benton
+24.5%

Median List Price By Bedrooms

Median List 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.
BedsDec 2023Dec 2024Change YoY
1--
N/A
2$320K$349.9K
+9.4%
3$387K$499.9K
+29.2%
4$699.9K$695K
-0.7%
5$942.4K$832K
-11.7%

Summary: Monroe housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +9.4%. The home price for 3 bedroom homes increased by +29.2%. The home price for 4 bedroom homes decreased by -0.7%. The home price for 5 bedroom homes decreased by -11.7%.

Housing supply in Monroe, OR

How many homes are available in Monroe, OR?

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
8Last MonthDec 2024
112 months agoNov 2024
-27.3 %
Change MoMNov – Dec

Summary: The Monroe real estate market had 8 homes for sale in Dec 2024, a 27.3 % decrease compared to Nov 2024.

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
342
-50.0%
454
-20.0%
522
0.0%

Summary: Monroe housing inventory by bedroom type for December 2024, 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 -20.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Monroe, OR

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
186 DaysThis YearDec 2024
156 Days1 year agoDec 2023
+19.4 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Monroe had an average listing age of 186 days in Dec 2024, up by 19.4% compared to the previous year.

Newest Listings in Monroe, OR

What homes are available in Monroe, OR?

Nearby markets

Nearby markets aren't available for Monroe, OR

MLS Disclaimers and Copyright

Based on information from Regional Multiple Listing Service, for the period 01/01/2023 - 01/01/2025

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 2:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.