Monroe County Housing Market Update — July 2026

Single-family homes, month-over-month vs. June 2026 (source: GRAR/UNYREIS, updated 8/16/26)

The stats:

• Median Sale Price: $322,750 (up 3.4%)
  
  
• Sold Listings (Closed Sales): 760 (up 23.8%)
  
  
• Median Days on Market: 8 (up 14.3%)
  
  
• Active Inventory: 512 (up 20.8%)
  
  
• New Listings: 857 (down 6.9%)
  
  
• Months of Inventory: ~0.67 months, roughly 3 weeks of supply (calculated as active inventory ÷ closed sales)
  
  
• Median Sold $/SqFt: $200 (up 1.0%)
  
  
• Sale Price-to-List Price Ratio (% over original asking price): peaked around 120% this July, easing to roughly 117% as of the latest reading (read from chart)
  
  

If you're house-hunting in Monroe County right now, think of the market like a popular restaurant with no reservations system: the tables (homes) turn over fast, and if you hesitate at the door, someone else slides into your seat. Homes are selling in a median of just 8 days, and with only about three weeks' worth of homes available at the current sales pace, there simply isn't much sitting on the shelf to choose from. That combination of speed and scarcity means buyers should expect to move quickly once they find a home they like, come in prepared with financing in order, and be ready for some competition on well-priced listings — though the fact that inventory and new listings both grew this year does mean there's a bit more to choose from than in the tightest days of the pandemic-era market.

For homeowners, this is a favorable moment to be sitting on the seller's side of the table. Prices are still climbing, up 3.4% for the month and reflected in a $200 median price per square foot, which means equity continues to build for anyone who already owns. And because closed sales jumped nearly 24% while new listings actually pulled back almost 7%, the homes that are hitting the market are getting scooped up efficiently — a good sign for anyone weighing whether now is the right time to list.

One more number really drives this home: the sale-price-to-list-price ratio, which tracks how much over the original asking price homes are actually selling for. Think of it like a tide chart tied to the seasons — it surges every summer as buyer demand peaks, then pulls back toward calmer water in the winter. But unlike a normal tide, the high-water mark here hasn't been receding: homes hit roughly 120% of original asking price at this summer's peak, essentially matching the highs of the last several summers (119–122% every year since 2022). Even now, past the peak, homes are still closing around 117% of their original list price. In plain terms, buyers are consistently paying well above the original asking price to win a home, and that hasn't let up much over the past four years — a sign that pricing homes competitively low to spark bidding wars is still a very active strategy in this market.

Taken together, the overall outlook is one of a market that remains tightly competitive and squarely in sellers' favor. Prices are rising at a healthy, sustainable clip, days on market remain very low, supply is still thin by historical standards, and homes continue to sell well above their original asking price year after year with no real sign of that premium shrinking. For buyers, that means going in prepared for a bidding war is still the norm, not the exception — it pays to know your real budget ceiling before you fall for a home. For sellers, it's a strong argument for pricing strategically (sometimes below true market value) to generate multiple offers, and for feeling confident that now remains a strong window to list