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County Overview

Monroe County, IA

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

Market Analysis

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

The Monroe County, IA real estate market currently shows 20 active listings, with 6 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 77 days on market compared to 85 days last year.

The median listing price has fallen 0.7% year-over-year, from $191,225 to $189,950.

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
20
⇩ 37.5% vs 32 last year
Pending
6
30% pending ratio
Median Price
$189,950
⇩ 0.7% vs $191,225 last year
Average Price
$257,843
⇩ 3.3% vs $266,659 last year
Days on Market
77
⇩ 9.4% vs 85 days last year

Price Per Square Foot

Median $/sqft
$105
⇩ 14.6% vs $123/sqft last year
Median Home Size
1,386 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.7%
Listings with no price change
Price Reduced
0.3%
⇧ 180.5% vs 0.1% 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 %