Monroe County, IL Home Values & Market Trends
The median home price in Monroe County, IL is $295,567.07. There were 460 home sales in Monroe County, IL over the past 12 months. The median residential Monroe County, IL home value for transactions over the previous year is $235,000. The number of current listings in Monroe County, IL is 30, and the percentage of properties for sale is 30.00%. The county has 27 foreclosures, 1 bank owned properties, 2 headed for auction, and 30 properties for sale.
Monroe County, IL Real Estate Market Overview
Housing Market Summary for Monroe County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $298.9K | -0.38% |
| Median Sold Price | $260K | $298.9K | 14.95% |
| Homes For Sale | 20 | 21 | 5.00% |
| Homes Sold | 296 | 235 | -20.61% |
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, IL
Browse Homes in Monroe County, IL
Monroe County, IL home values range from $23,305 to $1,689,717. Valmeyer is the priciest city with a median listing home price of $265,000, and Hecker is most affordable with average house prices of around $132,500.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Monroe County, IL with Waterloo containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Monroe County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $764,129 in Fults to the lowest home value of $120,000 in Columbia.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe County, IL ranges from the highest value of $0 in Fults to the lowest value of $0 in Waterloo. Bank owned homes and properties account for 0.01% of properties in Monroe County, IL. There are 6 cities within Monroe County, IL; Waterloo containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsWaterloo has 1 auction properties, the highest number of properties going to auction in a single city in the state of Monroe County, IL. Auction homes and other auction properties account for 0.02% of all properties in Monroe County, IL. There are 6 cities within Monroe County, IL; of those cities, the median estimated home value for homes going to auction ranges from $270,049 in Waterloo to the lowest value of $270,049 in Waterloo.
Compare Nearby Cities
More Real Estate Resources for Monroe County, IL
Guide for Monroe County, IL
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.
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.