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Sarah Mitchell

CNESRESABR

Compass Real Estate · Monrovia, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Monrovia, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Monrovia, MD Housing Market & Real Estate

Seller's market-41.1% YoY

Housing market overview · Updated monthly ·

$545,000median sale price

How is the Monrovia, MD housing market right now?

The median home sale price in Monrovia, MD is $545,000, down 41.1% year-over-year. Homes sell in an average of 13 days with 13 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?

Seller's market3.3 months of supply13 avg. days on market

Monrovia, MD is currently a seller's market, based on 3.3 months of supply and homes selling in about 13 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

13

Fast-moving

Active listings

13

3.3 months supply

Sale-to-list

100.8%

Above asking

What does the Monrovia housing market data show?

Current housing market statistics for Monrovia, MD
MetricValue
Median sale price$545,000
Median list price$922,500
Year-over-year price change-41.1%
Average days on market13 days
Active inventory13 listings
Months of supply3.3 months
Sale-to-list price ratio100.8%
Median price per sq ft$225/sq ft
Homes sold (latest month)4
New listings (latest month)8
Listings with a price cut23.1%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Monrovia by property type?

How the Monrovia, MD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Monrovia, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$545,000$225/sq ft413 days
Townhouse$555,000$253/sq ft147 days

Source: Redfin · Updated monthly

The Monrovia housing market is currently classified as a seller's market with a median sale price of $545,000. Prices have fallen 41.1% compared to last year, with homes spending an average of 13 days on market, indicating 3.3 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 2.9x provides context for how home values compare to local earning capacity.

Homes for sale in Monrovia

There are currently 13 homes listed for sale in Monrovia, Maryland. The median listing price is $923K.

Active listings

13

Homes on market

Median list price

$923K

Avg. days on market

13

Days until sale

New this week

8

Newly listed

Price drops:23.1%of listings
Sale-to-list:100.8%

Who lives in Monrovia?

Population

2,924

Median income

$234,712/yr

Median age

39.4 years

Owner-occupied

98.9%

College grads

71.5%

Avg commute

39.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Monrovia?

Zillow home value

$679,805

Price-to-income

2.9x

Source: Zillow Research

What is it like to live in Monrovia?

Monrovia is a community of approximately 3K residents with a median age of 39.4 years.The median household income is $234,712, which reflects a relatively affluent area with strong earning potential. 71.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 98.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.6 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?

2 schools tracked · 1,275 students

The largest public schools serving Monrovia, MD 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.

Green Valley Elementary

Grades K-5 · 839 students

Public

Kemptown Elementary

Grades K-5 · 436 students

Public

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, MD?

Want a head-to-head view? Compare Monrovia side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Monrovia?

The median home sale price in Monrovia is $545,000, down 41.1% from last year.

How long do homes stay on market in Monrovia?

Homes typically spend 13 days on market before going under contract.

What is the median income in Monrovia?

The median household income is $234,712 per year.

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

With 3.3 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 $679,805, representing the typical home value in the area.

How much does a single-family home cost in Monrovia?

The median single-family home price in Monrovia, MD is $545,000 (about $225 per square foot).

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