Monroe County, IA Home Values & Market Trends
The median home price in Monroe County, IA is $148,163.7. There were 58 home sales in Monroe County, IA over the past 12 months. The median residential Monroe County, IA home value for transactions over the previous year is $120,000. The number of current listings in Monroe County, IA is 23, and the percentage of properties for sale is 23.00%. The county has 4 foreclosures, 0 bank owned properties, 2 headed for auction, and 23 properties for sale.
Monroe County, IA Real Estate Market Overview
Housing Market Summary for Monroe County, IA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $164.9K | $160K | -2.97% |
| Median Sold Price | $140.8K | $160K | 13.68% |
| Homes For Sale | 13 | 17 | 30.77% |
| Homes Sold | 13 | 24 | 84.62% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Monroe County, IA
Browse Homes in Monroe County, IA
Monroe County, IA home values range from $19,800 to $1,643,143. Melrose is the priciest city with a median listing home price of $160,000, and Albia is most affordable with average house prices of around $127,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in Monroe County, IA with Albia containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Monroe County, IA; of those cities, the estimated home value for pre-foreclosure homes ranges from $242,696 in Albia to the lowest home value of $139,635 in Albia.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe County, IA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Monroe County, IA. There are 3 cities within Monroe County, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsLovilia has 1 auction properties, the highest number of properties going to auction in a single city in the state of Monroe County, IA. Auction homes and other auction properties account for 0.06% of all properties in Monroe County, IA. There are 3 cities within Monroe County, IA; of those cities, the median estimated home value for homes going to auction ranges from $174,330 in Albia to the lowest value of $174,330 in Albia.
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More Real Estate Resources for Monroe County, IA
Guide for Monroe County, IA
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
Des Moines’ real estate market experiences robust upward momentum, with property values increasing despite occasional fluctuations.
When house prices increase near good school, what options do home buyer have?