Monrovia, IN Housing Market & Real Estate

Balanced market+14.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Monrovia, IN is $309,900, up 14.8% year-over-year. Homes sell in an average of 96 days with 16 active listings. The market is currently a balanced market.

$309,900median sale price

Is Monrovia a buyer's or seller's market?

Balanced market2.7 months of supply96 avg. days on market

Monrovia, IN is currently a balanced market, based on 2.7 months of supply and homes selling in about 96 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

96

Average pace

Active listings

16

2.7 months supply

Sale-to-list

99.8%

Below asking

Monrovia, IN market data

Current housing market statistics for Monrovia, IN
MetricValue
Median sale price$309,900
Median list price$295,250
Year-over-year price change+14.8%
Average days on market96 days
Active inventory16 listings
Months of supply2.7 months
Sale-to-list price ratio99.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Monrovia housing market is currently classified as a balanced market with a median sale price of $309,900. Prices have risen 14.8% compared to last year, with homes spending an average of 96 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Monrovia

There are currently 16 homes listed for sale in Monrovia, Indiana. The median listing price is $295K.

Active listings

16

Homes on market

Median list price

$295K

Avg. days on market

96

Days until sale

New this week

4

Newly listed

Price drops:37.5%of listings
Sale-to-list:99.8%

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Frequently asked questions

What is the average home price in Monrovia?

The median home sale price in Monrovia is $309,900, up 14.8% from last year.

How long do homes stay on market in Monrovia?

Homes typically spend 96 days on market before going under contract.

Is Monrovia a buyer's or seller's market?

With 2.7 months of supply, Monrovia is currently a balanced market.

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