Market report, updated

Monroe Home Values and Market Report

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Report prepared by ashevilleluxurybrokers.com

Market at a glance

Over the last 12 months, homes sold for 97.9% of list price in 105 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $458K Sold · $451K
$540K$500K$460K$420K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 152 sales in Jun. Last month: 101.

Where the market stands

All homes in this report, by status.

1,916homes
Active567 · 30%
Under contract68 · 4%
Sold (12 mo)1,281 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$562K
Under contract$449K
Sold$442K

Average days on market

Active131 days
Under contract148 days
Sold105 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 567
Average list price $562,293
Avg. days on market 131 days
Avg. price per ft² $228
Avg. living area 2,267 ft²
Avg. beds / baths 3.5 / 2.8

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

27 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 222 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

106 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1614 Medlin Road$614
3709 Sikes Mill Road$586
7615 S Rocky River Road$540
Richardson Road$500
1448 Tomberlin Road$423
4007 Brush Creek$413
5805 Unionville Brief Road$388

All active listings (567)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
913 Winchester AvenueMonroe, NC 28110 321,374$279,900$2031 day
5708 Sustar DriveMonroe, NC 28110 432,340$535,000$2281 day
1025 Grace Valley DriveMonroe, NC 28112 321,902$432,240$2271 day
1017 Grace Valley Drive Unit #40Monroe, NC 28112 432,618$446,140$1701 day
2933 Hattie StreetMonroe, NC 28112 532,818$519,000$1841 day
1037 Baylor Grove RoadMonroe, NC 28112 432,368$478,000$2012 days
503 N Bragg StreetMonroe, NC 28112 421,194$294,900$2462 days
3602 Magnolia Court Unit #9Monroe, NC 28112 321,360$399,900$2942 days
1205 Virginia AvenueMonroe, NC 28112 421,483$350,000$2362 days
501 Colony RoadMonroe, NC 28112 431,125$300,000$2662 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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