Property prices for sale in Monroe (Michigan)

The prices in real estate in Monroe, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$196,992.33
Average price last 6 months
$115.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monroe has increased during the last 6 months. In September, the average price per sq.feet was $108. In the following month the price per sq.feet increased to $124. In the following two months the price per sq.feet has barely changed, going from $116 to $116.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $116.25 to $114.5 during January y February

Average price

Based upon to the price in Monroe (cities), this has gone up in the last 6 months. The price in September is $185,000, rising in October till $205,006. In the following two months the average price has remained the same with regard to the previous two months from $195,003 to $201,970.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $198,486.75 and $194,003.5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $208,338 they are 60 % more affordable than the average price for Monroe. The properties with the highest average price have 4 bedrooms, Their price is 1 % more costly than the average. After that we have properties with 3 bedrooms priced at $191,987.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $52 / sq.feet, with an average $114 / sq.feet price in Monroe. The properties with the highest average prices have 3 bedrooms. They are 11 % more expensive than the average followed by properties with 4 bedrooms with a price at $113 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $208,338 it is 50 % cheaper than the average price in Monroe. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $103,921 it is 1 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $129 / sq.feet followed by "Condo" priced at $498 / sq.feet. "Condo" is the most costly type of property with a $498 / sq.feet cost followed by "House" with an average price of $129 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Monroe
Number of properties used in region Michigan
$208,338
$114
1,262
312,496
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value