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Housing in Monrovia

30 homes sold in Monrovia in the last year, at a typical $786K

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.

Homes sold
30
June 2025 to May 2026
Typical sale price
$786K
median, weighted by sales
Price per square foot
$230
Maryland $226
Paid vs. asking
99.4%
33% sold over asking
For sale now
13
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 83% of Monrovia’s sales, at a typical $853K

30 homes sold in the year to May 2026.

Houses$853K

typical sale · 25 sold in 12 months

Per square foot
$224MD $239
Days to sell
64
Sold over asking
28%
Listings with a price cut
40%
Fewer sales

Townhouses: 5 sold, typical $555K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

30 sales in the last year, against 138 in 2021 and a low of 25 in 2025. The typical sale went from $451K in 2016 to $786K.

Homes soldTypical sale price
03775112150$475K$650K$825K$1M2016: 45 sold, typical $451K’162017: 100 sold, typical $456K2018: 88 sold, typical $439K’182019: 82 sold, typical $510K2020: 109 sold, typical $525K’202021: 138 sold, typical $619K2022: 105 sold, typical $721K’222023: 58 sold, typical $760K2024: 36 sold, typical $723K’242025: 25 sold, typical $866KLast 12 months: 30 sold, typical $786KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $800K buys in Monrovia

Houseat $224 a sq ft
The same money in Marylandat $239 a sq ft

Is this asking price fair?

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.

What the sales history says · 10 years of sales

Bidding wars in Monrovia are rarer than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Monrovia’s home sales since 2016 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, 30 sales.

If you’re buying in Monrovia

  • Shop in March. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • You can negotiate. 37% of listings have cut their price, against 14% before the pandemic.
  • Bid near asking. Buyers paid 99.4% of the list price on average; 33% paid over.
  • You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 62 days.
Best time to buy

Fall brings the homes; spring brings the bidding wars

October has the most new listings (about 9 a month), but April is the most competitive: 46% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (23%). March has the least competition (23%).

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 5 new listings a month, 39% sold over asking, 97 days to sellJFeb: 7 new listings a month, 39% sold over asking, 56 days to sellFMar: 8 new listings a month, 23% sold over asking, 90 days to sellMApr: 9 new listings a month, 46% sold over asking, 49 days to sellAMay: 8 new listings a month, 35% sold over asking, 88 days to sellMJun: 8 new listings a month, 40% sold over asking, 37 days to sellJJul: 9 new listings a month, 24% sold over asking, 74 days to sellJAug: 6 new listings a month, 33% sold over asking, 61 days to sellASep: 8 new listings a month, 27% sold over asking, 55 days to sellSOct: 9 new listings a month, 46% sold over asking, 69 days to sellONov: 6 new listings a month, 26% sold over asking, 69 days to sellNDec: 5 new listings a month, 36% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

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

Monrovia now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price33%41%32%34%
Gone within two weeksShare of homes under contract within 14 days34%10%64%41%
Listings with a price cutShare of homes for sale that cut their price37%14%9%27%
Price paid vs. askingAverage sale price ÷ list price99.4%103.4%101.1%99.8%
Days to sellMedian days from listing to contract62866743
Supply

8 homes for sale on a typical day

That’s 2.3 times the 2024 low (4), 72% fewer than in 2017–19 and well under 2017’s 35.

2016: 25 for sale’162017: 35 for sale2018: 34 for sale2019: 17 for sale’192020: 22 for sale2021: 25 for sale2022: 19 for sale’222023: 6 for sale2024: 4 for sale2025: 7 for sale’25Last 12 months: 8 for saleNow
Room to negotiate

1 in 3 listings has cut its price

37% in the last year, against 14% in 2017–19 and 27% across Maryland. More sellers are pricing high and coming down.

2016: 18%’162017: 12%2018: 10%2019: 22%’192020: 9%2021: 9%2022: 9%’222023: 38%2024: 38%2025: 34%’25Last 12 months: 37%Now

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Monrovia home costs about $4,582 a month

Mortgage
Property tax
Insurance
Rent

Price: Monrovia’s typical sale, last 12 months. Property tax at Monrovia’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 Monrovia is affordable on local pay is on Cost of living.

Before you buy in Monrovia

Six things worth knowing

9

New listings in October

The month with the most choice. December 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 $786K home, about $5,770 a year.

Taxes vs. neighbors
A−

Schools

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

Schools in Monrovia
37 min

Typical commute

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

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

Bartonsville and Spring Ridge 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.

SoldTypical sale$/sq ftOver askingDays to sell
Linganore257$566K$23431%52
Urbana150$657K$24133%54
Green Valley138$706K$24639%41
Mount Airy110$543K$24940%24
Spring Ridge88$469K$21935%41
Bartonsville49$598K$21729%45
Monrovia30$786K$23033%62

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.

Selling, or renting out?

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, MD?

30 homes sold in the year to May 2026 at a typical $786K, $230 a square foot.

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

A seller’s market: 13 homes were for sale in May 2026 and 4 sold, about 3.3 months of supply. Buyers paid 99.4% of asking on average, and 37% of listings cut their price.

When is the best time to buy in Monrovia?

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

How much are property taxes in Monrovia?

About 0.7% of a home’s value a year. On a $786K home that’s near $5,770.

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).