Monroe County, IN Home Values & Market Trends
The median home price in Monroe County, IN is $287,998.14. There were 3,084 home sales in Monroe County, IN over the past 12 months. The median residential Monroe County, IN home value for transactions over the previous year is $211,800.791. The number of current listings in Monroe County, IN is 288, and the percentage of properties for sale is 288.00%. The county has 58 foreclosures, 5 bank owned properties, 8 headed for auction, and 288 properties for sale.
Monroe County, IN Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Bloomington | $ 369,900 $ 187/sqft | Smithville | $ -- $ -- |
| Ellettsville | $ 325,380 $ 177/sqft | Stinesville | $ -- $ -- |
| Unionville | $ 400,920 $ 242/sqft | Harrodsburg | $ -- $ -- |
Housing Market Summary for Monroe County, IN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $339.9K | $231.9K | -31.78% |
| Median Sold Price | $270.5K | $231.9K | -14.29% |
| Homes For Sale | 311 | 294 | -5.47% |
| Homes Sold | 1,042 | 981 | -5.85% |
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
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Browse Homes in Monroe County, IN
Monroe County, IN home values range from $22,781 to $39,366,245. Unionville is the priciest city with a median listing home price of $494,500, and Ellettsville is most affordable with average house prices of around $337,500.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in Monroe County, IN with Bloomington containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Monroe County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $540,049 in Ellettsville to the lowest home value of $100,101 in Bloomington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Monroe County, IN ranges from the highest value of $462,149 in Bloomington to the lowest value of $142,785 in Bloomington. Bank owned homes and properties account for 0.01% of properties in Monroe County, IN. There are 6 cities within Monroe County, IN; Bloomington containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsBloomington has 7 auction properties, the highest number of properties going to auction in a single city in the state of Monroe County, IN. Auction homes and other auction properties account for 0.02% of all properties in Monroe County, IN. There are 6 cities within Monroe County, IN; of those cities, the median estimated home value for homes going to auction ranges from $297,500 in Bloomington to the lowest value of $68,334 in Bloomington.
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Guide for Monroe County, IN
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.
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
