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MONROVIA, IN 46157

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The MONROVIA, IN real estate market (46157) currently shows 33 active listings, with 14 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 84 days last year.

The median listing price has fallen 7.7% year-over-year, from $319,650 to $294,950.

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Market Context

Market Context

Population: 3,579  ·  Density: 45.2/mi²  ·  Median household income: $80,521

Typical home value: $183,865  ·  Homeownership: 87.0%

Market Overview

Active Listings
33
⇧ 17.9% vs 28 last year
Pending
14
42% pending ratio
Median Price
$294,950
⇩ 7.7% vs $319,650 last year
Average Price
$447,212
⇧ 14.9% vs $389,121 last year
Days on Market
35
⇩ 58.3% vs 84 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 9.8% vs $153/sqft last year
Median Home Size
2,218 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 33 this year vs 28 last year
  • Days on market: 35 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $294,950 (-7.7% YoY)
  • Average: $447,212 (+14.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.3 miles — 500 listings ($176,745,977 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46157Monrovia, IN 461570.0 mi32$9,932,000$305,250$310,375
46118Clayton, IN 461186.7 mi6$2,227,848$375,975$371,308
46111Brooklyn, IN 461118.5 mi2$379,800$189,900$189,900
46166Paragon, IN 461669.5 mi6$2,600,940$331,694$433,490
46121Coatesville, IN 4612111.4 mi23$9,904,904$359,900$430,648
46113Camby, IN 4611313.0 mi61$19,521,525$297,450$320,025
46120Cloverdale, IN 4612014.2 mi20$6,445,000$244,950$322,250
47433Gosport, IN 4743315.4 mi11$5,872,856$340,700$533,896
46123Avon, IN 4612315.9 mi177$69,235,320$352,475$391,160
46241Indianapolis, IN 4624118.0 mi62$11,712,110$185,575$188,905
46142Greenwood, IN 4614219.2 mi79$27,651,580$339,450$350,020
46160Morgantown, IN 4616019.7 mi13$6,714,214$395,975$516,478
47468Unionville, IN 4746820.3 mi8$4,547,880$483,450$568,485

Frequently Asked Questions

How many homes are for sale in MONROVIA, IN 46157?

As of September 2026, there are 33 active listings in MONROVIA, IN (zip code 46157), compared to 28 the prior year.

What is the median home price in MONROVIA, IN 46157?

The median listing price in MONROVIA, IN 46157 is $294,950 as of September 2026, a 7.7% decrease from $319,650 the prior year.

How long do homes stay on the market in MONROVIA, IN?

Homes in MONROVIA, IN 46157 spend an average of 35 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in MONROVIA, IN 46157?

Based on current inventory and days-on-market data as of September 2026, MONROVIA, IN 46157 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 84 days last year.

How much can I save on real estate commission in MONROVIA, IN?

With SELL123.com's maximum 3% commission, sellers in MONROVIA, IN 46157 save an estimated $5,899 compared to a typical 5% commission on the median listing price of $294,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.