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 97.8% 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.

1,922homes
Active565 · 29%
Under contract70 · 4%
Sold (12 mo)1,287 · 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$565K
Under contract$451K
Sold$443K

Average days on market

Active130 days
Under contract145 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 565
Average list price $564,547
Avg. days on market 130 days
Avg. price per ft² $228
Avg. living area 2,282 ft²
Avg. beds / baths 3.5 / 2.9

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.

28 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: 221 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$407

All active listings (565)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
501 Colony RoadMonroe, NC 28112 431,125$300,000$2660 days
4211 Mara LaneMonroe, NC 28110 321,592$379,900$2380 days
2808 Trinity StreetMonroe, NC 28110 332,364$320,000$1351 day
424 Willoughby Park DriveMonroe, NC 28112 443,105$419,999$1351 day
000 Potter RoadMonroe, NC 28112 ———$349,900—1 day
412 Willoughby Park DriveMonroe, NC 28112 432,012$369,999$1831 day
5219 Crow RoadMonroe, NC 28112 ———$349,900—1 day
1001 Fort Clapsop Court Unit #383Monroe, NC 28110 331,779$349,999$1961 day
4104 High Shoals DriveMonroe, NC 28110 44—$470,000—0 days
5120 Griffith RoadMonroe, NC 28112 334,507$846,000$1872 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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