Housing in Monrovia, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$318,200
Median List Price
$312,900
Price Per Sq Ft
$122
Days on Market
123
Active Inventory
16
Months of Supply
4.0
Balanced market
Zillow Home Value
$299,233
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
3
Pending Sales
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$122
Median List $/SF
$133
Monrovia vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Monrovia is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$216,500
Median Rent
$988
Total Housing Units
723
Vacancy Rate
3.0%
Owner Occupied
92.6%
Renter Occupied
7.4%
Median Property Tax
$1,039
per year
Monthly Cost (w/ Mortgage)
$1,310
Housing Types
The current median sale price in Monrovia, IN is $318,200 according to Redfin data. Homes spend a median of 123 days on the market. 0.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $122. The median rent is $988 per month (Census ACS). About 92.6% of housing units are owner-occupied. The median year homes were built is 2008. There are 723 total housing units.