Property prices for sale in Monroe (Michigan)

The prices in real estate in Monroe, in the Michigan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$196,387
Average price last 6 months
$115.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Monroe has remained the same in the last 6 months. In July, the average price per sq.feet was $117. In August this price pretty much remained the same at a value of $113 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $115 to $116 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 $115.5 to $116.5 during November y December

Average price

Based upon to the price in Monroe (cities), these have remained the same in the last 6 months. The average price for July is $197,966. During August the price had a slight fall till $186,409. In the following two months the average price has remained the same with regard to the previous two months from $192,187.5 to $195,003. 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 $193,595.25 and $201,970.5 between November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $202,091 they are 55 % more affordable than the average price for Monroe. The properties with the lowest average price have 3 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 1 bedroom priced at $124,225.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $50 / sq.feet, with an average $115 / sq.feet price in Monroe. The properties with the lowest average prices have 2 bedrooms. They are 27 % cheaper than the average followed by properties with 3 bedrooms with a price at $81 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $202,091 it is 64 % cheaper than the average price in Monroe. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $104,131 it is 40 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $48 / sq.feet followed by "House" priced at $63 / sq.feet. "Condo" is the most costly type of property with a $500 / sq.feet cost followed by "House" with an average price of $63 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Monroe
Number of properties used in region Michigan
$202,091
$115
1,178
347,074
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value