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Butler County Today

Friday, November 22, 2024

Home prices increased in Monroe during the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Monroe rose by $22,500 while total sales decreased by 19.8 percent, according to BlockShopper.com.

From January through June, there were 73 homes sold, with a median sale price of $260,000 - a 9.5 percent increase over the $237,500 median sale price for the same period of the previous year. There were 91 homes sold in Monroe in the first half of 2021.

The median sales tax in Monroe for the most recent year with available data, 2018, was $2,745, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Monroe to other Butler County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Morgan2124-12.5$350,000$180,20594.2
Reily915-40$325,000$205,00058.5
West Chester404432-6.5$323,500$279,95015.6
Ross47446.8$295,000$221,45033.2
Fairfield Township148189-21.7$293,200$243,50020.4
Monroe7391-19.8$260,000$237,5009.5
Oxford88113-22.1$253,500$195,25029.8
Wayne161060$237,450$135,00075.9
Madison Township4859-18.6$226,500$173,50030.5
Trenton9294-2.1$222,200$176,00026.3
Seven Mile9650$219,000$145,15050.9

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