Photo: Chris Flook · CC BY-SA 4.061 homes sold in Monrovia in the last year, at a typical $314K
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 Monrovia homes are listed.
Every place Monrovia homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Monrovia.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Monrovia’s sales, at a typical $314K
61 homes sold in the year to May 2026.
typical sale · 61 sold in 12 months
- Per square foot
- $152IN $148
- Days to sell
- 68
- Sold over asking
- 13%
- Listings with a price cut
- 33%
About as many homes sell as usual, at 2.5 times the 2016 price
61 sales in the last year, against 114 in 2022 and a low of 26 in 2013. The typical sale went from $128K in 2016 to $314K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Monrovia
Check a listing against what Monrovia 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.
Bidding wars in Monrovia are back to pre-pandemic levels, and more homes are for sale
We read every month of Monrovia’s home sales since 2013 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 May 2026, 61 sales.
If you’re buying in Monrovia
- Shop in February. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (4% over asking).
- You can negotiate. 33% of listings have cut their price, against 21% before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 13% paid over.
- You’ll usually have time. Only 11% of homes go under contract within two weeks; the typical one takes 68 days.
Spring brings the homes; summer brings the bidding wars
March has the most new listings (about 8 a month), but August is the most competitive: 24% of August sales close over asking. February offers nearly as much choice with fewer homes bid up (4%). February has the least competition (4%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Indiana
| Monrovia now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 13% | 16% | 45% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 11% | 40% | 69% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 33% | 21% | 21% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 97.9% | 100.3% | 97.7% |
| Days to sellMedian days from listing to contract | 68 | 51 | 10 | 35 |
17 homes for sale on a typical day
That’s 4 times the 2020 low (4), 62% more than in 2017–19 and well under 2022’s 26.
1 in 3 listings has cut its price
33% in the last year, against 21% in 2017–19 and 33% across Indiana. More sellers are pricing high and coming down.
Monrovia ranks 107th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Monrovia is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Monrovia home costs about $1,772 a month
Price: Monrovia’s typical sale, last 12 months. Property tax at Monrovia’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Monrovia is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $314K home, about $1,600 a year.
Taxes vs. neighborsSchools
The schools grade for Monrovia, from test results, graduation and how much students grow.
Schools in MonroviaTypical commute
The average one-way trip to work for people who live in Monrovia.
Work & commuteCheck 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 hazardsLook 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.
Brooklyn and Decatur Township sell for less a square foot
The busier markets within 25 miles of Monrovia, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Plainfield | 531 | $331K | $160 | 17% | 27 |
| Danville | 318 | $349K | $153 | 14% | 47 |
| Martinsville | 183 | $233K | $150 | 15% | 35 |
| Mooresville | 145 | $276K | $167 | 15% | 38 |
| Decatur Township | 116 | $184K | $132 | 22% | 27 |
| Monrovia | 61 | $314K | $152 | 13% | 68 |
| Brooklyn | 26 | $232K | $147 | 12% | 51 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Monrovia, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Monrovia. People who follow the town see it, and so do people comparing Monrovia with their own town. No commission, no listing fee.
Questions about buying a home in Monrovia
What do homes sell for in Monrovia, IN?
61 homes sold in the year to May 2026 at a typical $314K, $152 a square foot.
Is Monrovia a buyer’s or seller’s market?
A seller’s market: 7 homes were for sale in May 2026 and 8 sold, about 0.9 months of supply. Buyers paid 99.1% of asking on average, and 33% of listings cut their price.
When is the best time to buy in Monrovia?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Monrovia?
About 0.5% of a home’s value a year. On a $314K home that’s near $1,600.
Where can I see homes for sale in Monrovia?
Zillow, Redfin, Realtor.com and Homes.com all carry Monrovia’s MLS listings; the search links above open each one filtered to Monrovia.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).