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Housing in Monroe Township

105 homes sold in Monroe Township in the last year, at a typical $372K

Redfin reports Monroe Township’s sales by ZIP code, so these figures are for ZIP 47126, which takes in Monroe Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Monroe Township homes are listed.

Homes for sale in Monroe TownshipZillowRealtor.comMore places to look ↓
Homes sold
105
ZIP 47126 · October 2025 to September 2026
Typical sale price
$372K
median, weighted by sales
Price per square foot
$182
Indiana $149
Paid vs. asking
99.1%
16% sold over asking
For sale now
40
September 2026 · 10 sold that month
What sold · last 12 months · ZIP 47126

Houses are 100% of Monroe Township’s sales, at a typical $386K (year to May 2026)

105 homes sold in the year to September 2026.

Houses$386K

typical sale · 92 sold in the year to May 2026

Per square foot
$184IN $148
Days to sell
68
Sold over asking
24%
14 years of sales

More homes sell than most years, at 2.4 times the 2016 price

105 sales in the last year, against 124 in 2020 and a low of 32 in 2012. The typical sale went from $153K in 2016 to $372K.

Homes soldTypical sale price
03775112150$125K$250K$375K$500K2012: 32 sold, typical $121K’122013: 48 sold, typical $98K2014: 59 sold, typical $163K’142015: 57 sold, typical $164K2016: 75 sold, typical $153K’162017: 78 sold, typical $221K2018: 97 sold, typical $239K’182019: 100 sold, typical $256K2020: 124 sold, typical $236K’202021: 105 sold, typical $278K2022: 89 sold, typical $310K’222023: 65 sold, typical $272K2024: 69 sold, typical $352K’242025: 89 sold, typical $389KLast 12 months: 105 sold, typical $372KNow

Source: Redfin Data Center, MLS sales; for ZIP 47126, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Monroe Township

Houseat $184 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Monroe Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Monroe Township are rarer than before the pandemic, and more homes are for sale

We read every month of home sales in ZIP 47126 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 105 sales.

If you’re buying in Monroe Township

  • Shop in August. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • Bid near asking. Buyers paid 99.1% of the list price on average; 16% paid over.
  • You’ll usually have time. Only 2% of homes go under contract within two weeks; the typical one takes 79 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 9 a month), and the most competition: 24% close over asking. July and August offer nearly as much choice with fewer homes bid up (21%). August has the least competition (19%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 21% sold over asking, 80 days to sellJFeb: 6 new listings a month, 20% sold over asking, 87 days to sellFMar: 8 new listings a month, 20% sold over asking, 82 days to sellMApr: 9 new listings a month, 22% sold over asking, 74 days to sellAMay: 9 new listings a month, 24% sold over asking, 60 days to sellMJun: 9 new listings a month, 21% sold over asking, 60 days to sellJJul: 9 new listings a month, 21% sold over asking, 62 days to sellJAug: 9 new listings a month, 19% sold over asking, 65 days to sellASep: 8 new listings a month, 22% sold over asking, 64 days to sellSOct: 9 new listings a month, 23% sold over asking, 67 days to sellONov: 7 new listings a month, 22% sold over asking, 68 days to sellNDec: 6 new listings a month, 23% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Indiana as a whole

Monroe Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price16%22%24%17%
Gone within two weeksShare of homes under contract within 14 days2%2%35%35%
Price paid vs. askingAverage sale price ÷ list price99.1%98.6%98.6%97.5%
Days to sellMedian days from listing to contract79894838
Supply

40 homes for sale on a typical day

That’s 3.3 times the 2012 low (12) and 63% more than in 2017–19.

2012: 12 for sale’122013: 14 for sale2014: 18 for sale2015: 20 for sale’152016: 25 for sale2017: 25 for sale2018: 26 for sale’182019: 24 for sale2020: 31 for sale2021: 17 for sale’212022: 14 for sale2023: 16 for sale2024: 17 for sale’242025: 30 for saleLast 12 months: 40 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 47126, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Monroe Township home costs about $2,145 a month

Mortgage
Property tax
Insurance
Rent

Price: Monroe Township’s typical sale, last 12 months. Property tax at Monroe Township’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Monroe Township is affordable on local pay is on Cost of living.

Before you buy in Monroe Township

Six things worth knowing

9

New listings in May

The month with the most choice. January has the fewest, about 5.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $372K home, about $2,450 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Monroe Township, from test results, graduation and how much students grow.

Schools in Monroe Township
28 min

Typical commute

The average one-way trip to work for people who live in Monroe Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Henryville, Memphis, Scottsburg, Charlestown, Sellersburg and Austin sell for less a square foot

The busier markets within 25 miles of Monroe Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Charlestown178$245K$17021%76
Sellersburg121$283K$15419%78
Monroe Township (ZIP 47126)105$372K$18216%79
Scottsburg97$209K$1548%65
Austin84$166K$13116%64
Memphis71$267K$16213%122
Henryville45$243K$15717%92

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Monroe Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Monroe Township. People who follow the town see it, and so do people comparing Monroe Township with their own town. No commission, no listing fee.

Questions about buying a home in Monroe Township

What do homes sell for in Monroe Township, IN?

105 homes sold in the year to September 2026 at a typical $372K, $182 a square foot.

Is Monroe Township a buyer’s or seller’s market?

A balanced market: 40 homes were for sale in September 2026 and 10 sold, about 4 months of supply. Buyers paid 99.1% of asking on average.

When is the best time to buy in Monroe Township?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Monroe Township?

About 0.7% of a home’s value a year. On a $372K home that’s near $2,450.

Where can I see homes for sale in Monroe Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Monroe Township’s MLS listings; the search links above open each one filtered to Monroe Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47126, which takes in Monroe Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).