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County Overview

Monroe County, IA

Aggregate real estate market report across county ZIPs
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Monroe County, IA real estate market currently shows 23 active listings, with 6 pending sales. Homes are averaging 67 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 67 days on market compared to 102 days last year.

The median listing price has fallen 2.6% year-over-year, from $195,000 to $189,925.

Whether you are buying or selling in Monroe County, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,371  ·  Density: 9.0/mi²  ·  Median household income: $73,798

Typical home value: $118,646  ·  Homeownership: 82.4%

Included Areas

Albia: 52531

Lovilia: 50150

Melrose: 52569

Area Map

Market Overview

Active Listings
23
⇩ 23.3% vs 30 last year
Pending
6
26% pending ratio
Median Price
$189,925
⇩ 2.6% vs $195,000 last year
Average Price
$248,987
⇩ 9.2% vs $274,217 last year
Days on Market
67
⇩ 34.3% vs 102 days last year

Price Per Square Foot

Median $/sqft
$106
⇩ 21.5% vs $135/sqft last year
Median Home Size
1,448 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 14.8% vs 0.2% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %