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Featured local agent — Monrovia, CA
Sarah Mitchell
Compass Real Estate · Monrovia, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monrovia, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.01Mmedian sale price
How is the Monrovia, CA housing market right now?
The median home sale price in Monrovia, CA is $1.01M, down 8.2% year-over-year. Homes sell in an average of 38 days with 54 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Monrovia a buyer's or seller's market?
Monrovia, CA is currently a seller's market, based on 2.3 months of supply and homes selling in about 38 days. How we determine this →
Homes sold
23
Last 12 weeks
Days on market
38
Average pace
Active listings
54
2.3 months supply
Sale-to-list
101.4%
Above asking
What does the Monrovia housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.01M |
| Median list price | $1.17M |
| Year-over-year price change | -8.2% |
| Average days on market | 38 days |
| Active inventory | 54 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 101.4% |
| Median price per sq ft | $645/sq ft |
| Homes sold (latest month) | 23 |
| New listings (latest month) | 26 |
| Listings with a price cut | 22.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Monrovia by property type?
How the Monrovia, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.13M | $680/sq ft | 16 | 53 days |
| Condo / Co-op | $550,000 | $556/sq ft | 1 | 20 days |
| Townhouse | $765,888 | $510/sq ft | 3 | 64 days |
Source: Redfin · Updated monthly
The Monrovia housing market is currently classified as a seller's market with a median sale price of $1.01M. Prices have fallen 8.2% compared to last year, with homes spending an average of 38 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Monrovia
There are currently 54 homes listed for sale in Monrovia, California. The median listing price is $1.2M.
Active listings
54
Homes on market
Median list price
$1.2M
Avg. days on market
38
Days until sale
New this week
26
Newly listed
Who lives in Monrovia?
Population
37,553
Median income
$97,083/yr
Median age
38.3 years
Owner-occupied
47.9%
College grads
43.8%
Avg commute
30.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Monrovia?
Zillow home value
$995,446
Zillow rent index
$2,947/mo
Price-to-rent ratio
28.1x
Price-to-income
10.3x
Source: Zillow Research
What is it like to live in Monrovia?
Monrovia is a community of approximately 38K residents with a median age of 38.3 years.The median household income is $97,083, which reflects a relatively affluent area with strong earning potential. 43.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 47.9%, showing a blend of owner and renter-occupied properties. The average commute time is 30.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Monrovia offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monrovia?
11 schools tracked · 4,934 students
The largest public schools serving Monrovia, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Monrovia High
Grades 9-12 · 1,479 students
Clifton Middle
Grades 6-8 · 587 students
Plymouth Elementary
Grades K-5 · 532 students
Mayflower Elementary
Grades K-5 · 524 students
Monroe Elementary
Grades K-5 · 451 students
Santa Fe Computer Science Magnet
Grades 6-8 · 445 students
Wild Rose School of Creative
Grades K-5 · 437 students
Bradoaks Elementary Science Academy
Grades K-5 · 388 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Monrovia, CA?
Want a head-to-head view? Compare Monrovia side-by-side with any other U.S. city using our market-comparison tool.
Is Monrovia a good real estate investment market?
For investors evaluating Monrovia, the price-to-rent ratio of 28.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 8.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Monrovia's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Monrovia's median home price.
Frequently asked questions
What is the average home price in Monrovia?
The median home sale price in Monrovia is $1.01M, down 8.2% from last year.
How long do homes stay on market in Monrovia?
Homes typically spend 38 days on market before going under contract.
What is the median income in Monrovia?
The median household income is $97,083 per year.
Is Monrovia a buyer's or seller's market?
With 2.3 months of supply, Monrovia is currently a seller's market.
What is the Zillow home value estimate for Monrovia?
The Zillow Home Value Index (ZHVI) for Monrovia is $995,446, representing the typical home value in the area.
What is the median condo price in Monrovia?
The median condo/co-op sale price in Monrovia, CA is $550,000, compared to $1.13M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monrovia?
The median single-family home price in Monrovia, CA is $1.13M (about $680 per square foot).
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