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Featured local agent — Monroe City, IN
Sarah Mitchell
Compass Real Estate · Monroe City, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monroe City, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$60,000median sale price
How is the Monroe City, IN housing market right now?
The median home sale price in Monroe City, IN is $60,000. Homes sell in an average of 18 days with 1 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 Monroe City a buyer's or seller's market?
Monroe City, IN is currently a seller's market, based on 1.0 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
18
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the Monroe City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $60,000 |
| Average days on market | 18 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $51/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Monroe City by property type?
How the Monroe City, 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 | $60,000 | $51/sq ft | 1 | 18 days |
Source: Redfin · Updated monthly
The Monroe City housing market is currently classified as a seller's market with a median sale price of $60,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 18 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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Monroe City
There are currently 1 homes listed for sale in Monroe City, Indiana.
Active listings
1
Homes on market
Avg. days on market
18
Days until sale
Who lives in Monroe City?
Population
816
Median income
$70,250/yr
Median age
33.6 years
Owner-occupied
63.8%
College grads
10.3%
Avg commute
23.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Monroe City?
Zillow home value
$211,483
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Monroe City?
Monroe City is a community of approximately 1K residents with a median age of 33.6 years.The median household income is $70,250, which represents a working-class community with solid middle-income opportunities. 10.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 63.8%, showing a blend of owner and renter-occupied properties. The average commute time is 23.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Monroe City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Monroe City, IN?
Want a head-to-head view? Compare Monroe City 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 City?
The median home sale price in Monroe City is $60,000, down 0.0% from last year.
How long do homes stay on market in Monroe City?
Homes typically spend 18 days on market before going under contract.
What is the median income in Monroe City?
The median household income is $70,250 per year.
Is Monroe City a buyer's or seller's market?
With 1.0 months of supply, Monroe City is currently a seller's market.
What is the Zillow home value estimate for Monroe City?
The Zillow Home Value Index (ZHVI) for Monroe City is $211,483, representing the typical home value in the area.
How much does a single-family home cost in Monroe City?
The median single-family home price in Monroe City, IN is $60,000 (about $51 per square foot).
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