The Monroe, Wisconsin housing market is shifting. If you’re thinking about buying or selling in ZIP code 53566, understanding the latest data will help you make a smart move. Let’s break down the numbers by price per square foot so you can compare homes apples-to-apples.
Price Per Square Foot Snapshot
Based on the latest Realtors Property Resource® (RPR) report for September 2025:
- Listed Homes: $156 per sq ft
- Pending Homes: $139 per sq ft
- Closed Sales: $167 per sq ft
What this means: Homes are being listed around $156 per square foot, buyers are negotiating contracts closer to $139, but closed deals are averaging $167. Buyers are still competing for desirable properties.
Other Key Market Trends
- Median Sold Price: $235,000 (August 2025)
- Median List Price: $307,449 (August 2025)
- Median Days on Market: 12 days
- Sold-to-List Price Ratio: 97.6%
- Months of Inventory: 4.53 — a balanced-to-seller leaning market
Why It’s a Good Time to Sell
If you’re a homeowner in Monroe, here’s why listing your property now could make sense:
- Fast sales – Homes are selling in less than two weeks.
- Strong demand – With under five months of inventory, supply is limited.
- Equity gains – Median estimated property values are up 9.1% year-over-year .
Why It’s a Good Time to Buy
If you’re a buyer or investor, Monroe also presents opportunity:
- Negotiation room – Pending sales show buyers are securing deals below list price.
- Future appreciation – Property values are up 12.7% over the past three years .
- Options at all price points – Recent sales range from $170,000 starter homes to $533,000 higher-end properties .
Big Picture
Monroe, WI 53566 is in a balanced but competitive market. Sellers benefit from quick sales and rising equity, while buyers can still negotiate and capture long-term growth. Price per square foot is the clearest way to track the trend — and right now, Monroe’s closed sales are showing strong buyer activity.
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