The Monroe Park West housing market is very competitive. The median sale price of a home in Monroe Park West was $137K last month, down 23.9% since last year. The median sale price per square foot in Monroe Park West is $147, up 22.5% since last year.
What is the housing market like in Monroe Park West today?
In December 2024, Monroe Park West home prices were down 23.9% compared to last year, selling for a median price of $137K. On average, homes in Monroe Park West sell after 3 days on the market compared to 6 days last year. There were 5 homes sold in December this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$137,000
-23.9% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Monroe Park West, IL
$137,000
-23.9%
United States
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How hot is the Monroe Park West housing market?
Monroe Park West is very competitive. Homes sell in 8.5 days.
0
100
85
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 9 days.
Hot homes
can sell for around list price and go pending in around 3 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.8%
+2.6 pt YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Monroe Park West, IL
101.8%
+2.6 pt
United States
View houses in Monroe Park West that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Monroe Park West housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monroe Park West.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monroe Park West has a minor risk of flooding. 10 properties in Monroe Park West are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Monroe Park West. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Monroe Park West has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monroe Park West is most at risk from hurricanes. 262 properties in Monroe Park West have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 58 mph.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Monroe Park West has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Monroe Park West have a Moderate Heat Factor®.
Monroe Park West is expected to see a 185% increase in the number of days over 105ºF over the next 30 years. Monroe Park West is expected to experience 7