Is Monroe, NE 68647 a buyer’s or seller’s market?
Monroe is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Monroe housing market right now
In the three months ending August 31, 2026, 100% of homes in Monroe, NE 68647 sold above their list price, the typical home went under contract in 6 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (71 days then) and the median sale price fell 37% to $179,922. Overall, Monroe is more competitive than a year ago, so tougher for buyers.
Within Platte County, homes here sell faster, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Platte Center 68653 (0% sold over asking) or Lindsay 68644 (0% sold over asking).
Run the numbers for 68647
Nearby markets
Columbus 68601Balanced $125 /sq ftCreston 68631Seller’s market $143 /sq ftDuncan 68634Buyer’s market $77 /sq ftHumphrey 68642Buyer’s market $191 /sq ft Browse all markets →Where Monroe is
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Questions about Monroe real estate
Is Monroe a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Monroe, NE 68647 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Monroe?
The typical home went under contract in 6 days in the latest three months.
Do homes in Monroe sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.
What are property taxes in Monroe?
About 1.29% of a home’s value a year in Platte County, or roughly $5,160 on a $400,000 home.
What is the median home price in Monroe?
The median sale price was $179,922 in the three months ending August 31, 2026, about $149 per square foot.
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More tools for 68647
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology