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Featured local agent — Monroe, IN
Sarah Mitchell
Compass Real Estate · Monroe, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$213,000median sale price
How is the Monroe, IN housing market right now?
The median home sale price in Monroe, IN is $213,000. Homes sell in an average of 3 days with 1 active listings. The market is currently a strong 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 Monroe a buyer's or seller's market?
Monroe, IN is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 3 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
3
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
96.8%
Below asking
What does the Monroe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $213,000 |
| Median list price | $220,000 |
| Average days on market | 3 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $146/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe by property type?
How the Monroe, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $213,000 | $146/sq ft | 1 | 3 days |
| Condo / Co-op | $265,000 | $190/sq ft | 1 | 640 days |
Source: Redfin · Updated monthly
The Monroe housing market is currently classified as a strong seller's market with a median sale price of $213,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 3 days on market, indicating 1.0 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 5.2x provides context for how home values compare to local earning capacity.
Homes for sale in Monroe
There are currently 1 homes listed for sale in Monroe, Indiana. The median listing price is $220K.
Active listings
1
Homes on market
Median list price
$220K
Avg. days on market
3
Days until sale
New this week
1
Newly listed
Who lives in Monroe?
Population
629
Median income
$70,000/yr
Median age
30 years
Owner-occupied
79.1%
College grads
20.9%
Avg commute
19.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe?
Zillow home value
$360,685
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Monroe?
Monroe is a community of approximately 1K residents with a median age of 30 years.The median household income is $70,000, which represents a working-class community with solid middle-income opportunities. 20.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Monroe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Monroe?
3 schools tracked · 1,360 students
The largest public schools serving Monroe, IN 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.
Adams Central Elementary School
Grades PK-5 · 635 students
Adams Central High School
Grades 9-12 · 408 students
Adams Central Middle School
Grades 6-8 · 317 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 Monroe, IN?
Want a head-to-head view? Compare Monroe side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monroe?
The median home sale price in Monroe is $213,000, down 0.0% from last year.
How long do homes stay on market in Monroe?
Homes typically spend 3 days on market before going under contract.
What is the median income in Monroe?
The median household income is $70,000 per year.
Is Monroe a buyer's or seller's market?
With 1.0 months of supply, Monroe is currently a strong seller's market.
What is the Zillow home value estimate for Monroe?
The Zillow Home Value Index (ZHVI) for Monroe is $360,685, representing the typical home value in the area.
What is the median condo price in Monroe?
The median condo/co-op sale price in Monroe, IN is $265,000, compared to $213,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monroe?
The median single-family home price in Monroe, IN is $213,000 (about $146 per square foot).
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