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Housing in Monroe Township

24 homes sold in Monroe Township in the last year, at a typical $199K

Redfin reports Monroe Township’s sales by ZIP code, so these figures are for ZIP 47340, which takes in Monroe Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for and a shortcut to every site where Monroe Township homes are listed.

Homes for sale in Monroe TownshipZillowRealtor.comMore places to look ↓
Homes sold
24
ZIP 47340 · October 2025 to September 2026
Typical sale price
$199K
median, weighted by sales
Price per square foot
$119
Indiana $149
Paid vs. asking
96.7%
17% sold over asking
For sale now
5
September 2026 · 2 sold that month
What sold · last 12 months · ZIP 47340

Houses are 0% of Monroe Township’s sales, at a typical — (year to May 2026)

24 homes sold in the year to September 2026.

13 years of sales

About as many homes sell as usual, at 2.7 times the 2016 price

24 sales in the last year, against 34 in 2018 and a low of 5 in 2013. The typical sale went from $74K in 2016 to $199K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2013: 5 sold, typical $64K’132014: 20 sold, typical $94K2015: 34 sold, typical $67K’152016: 21 sold, typical $74K2017: 32 sold, typical $86K’172018: 34 sold, typical $62K2019: 28 sold, typical $95K’192020: 25 sold, typical $103K2021: 32 sold, typical $103K’212022: 34 sold, typical $161K2023: 25 sold, typical $158K’232024: 20 sold, typical $140K2025: 28 sold, typical $169K’25Last 12 months: 24 sold, typical $199KNow

Source: Redfin Data Center, MLS sales; for ZIP 47340, 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.

Rent or buy?

Owning the typical Monroe Township home costs about $1,176 a month

Mortgage
Property tax
Insurance
Rent

Price: Monroe Township’s typical sale, last 12 months. Property tax at Monroe Township’s 0.8% (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

Five things worth knowing

0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $199K home, about $1,650 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
29 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

Albany, Winchester, Dunkirk, Muncie, Union City and Portland 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
Muncie745$142K$10320%27
Winchester70$151K$10110%38
Portland51$145K$9418%18
Union City43$137K$9422%22
Dunkirk35$102K$739%57
Albany31$152K$10834%9
Monroe Township (ZIP 47340)24$199K$11917%30

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?

24 homes sold in the year to September 2026 at a typical $199K, $119 a square foot.

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

A seller’s market: 5 homes were for sale in September 2026 and 2 sold, about 1.9 months of supply. Buyers paid 96.7% of asking on average.

How much are property taxes in Monroe Township?

About 0.8% of a home’s value a year. On a $199K home that’s near $1,650.

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 47340, 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).