Monroe, OH Foreclosures
How much do homes sell for in Monroe, OH?
The average home price is currently $376,847.
In Monroe, OH, how many homes are available?
There are currently 16 active home listings available in Monroe.
What’s the average rental cost in Monroe, OH?
The average rental price in Monroe is $1,515.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $14,459,442.
What is currently the cheapest priced home in Monroe, OH?
The cheapest home for sale in Monroe is priced at $23,570.
Living in Monroe, OH
Monroe, Ohio, is a vibrant suburban city situated between Cincinnati and Dayton, known for its family-friendly atmosphere and community-oriented living. Residents enjoy a variety of local amenities, including parks, shopping, and quality schools, making it an ideal place to call home. With a growing real estate market, Monroe is attracting both first-time homebuyers and those looking to relocate to a welcoming area with convenient access to major urban centers.
Current Market Conditions in Monroe, OH
The real estate market in Monroe, OH, has been steadily growing as more families seek out affordable housing options with good schools and community amenities. Currently, the market is characterized by a healthy demand from prospective buyers, leading to a competitive environment for available homes. This trend is encouraging more developments in residential housing, and significant investment in local infrastructure is anticipated to further boost the market.
Additionally, Monroe's proximity to Cincinnati and Dayton caters to professionals who commute, thus enhancing its desirability. The market has seen an uptick in home values, and as the community continues to develop, there may be a rising interest from first-time homebuyers and investors.
Home Value Estimator For Monroe, OH
There are currently 4,127 real estate properties
in Monroe, OH,
with a median automated valuation model (AVM) price
of $345,653.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monroe, OH, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Monroe, OH,
is $376,847.00, with the most expensive house
in Monroe, OH, topping out
at $14,459,442.00 and the cheapest home
in Monroe, OH,
clocking in at $23,570.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monroe, OH!
Rent Prices
In Monroe, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monroe, OH, is on
a rollercoaster ride. The
average rent price in Monroe, OH,
is $1,515.00. Indeed, when looking to rent in
Monroe, OH, you can expect to pay as little
as $720.00 or as much
as $2,860.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Monroe, OH
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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