“Erica was great to work with and so knowledgeable!”
Bennett Realty
- Agent Pronto
- Indiana
- Monrovia
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Monrovia real estate Market Report.
Information and statistics on the latest trends in the Monrovia real estate market. *
Latest Rolling 3-Month Snapshot
Mar 1, 2026 - May 31, 2026
Median sale price
$294K
-2.1%
from
Q1 '26
Median list price
$313K
+8%
from
Q1 '26
Active listings
35
No change
from
Q1 '26
Homes sold
18
+20%
from
Q1 '26
New pendings
24
+20%
from
Q1 '26
New listings
16
-16%
from
Q1 '26
Quarterly Pricing Trends for Monrovia
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Monrovia
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Monrovia
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Monrovia
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Monrovia
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Monrovia
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
15
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).
Year-over-year, Monrovia’s rolling three-month data shows softer pricing and much lower sales activity. Typical home values are down a few percent from last year, and the median list price has also slipped. At the same time, homes sold and new listings have each fallen by roughly 40% to 55%, pointing to a thinner but still active market.
In the most recent three-month window ending in May 2026, the typical home value sits around $293,500, with a median list price near $313,000. Supply is tight at just 1.2 months of inventory, reinforcing a seller’s market even as overall activity has slowed compared with a year ago.
Conditions on the ground are moving quickly, with median days on market dropping to 44, far faster than earlier in the year. Roughly one quarter of homes are going off the market within two weeks, and the average sale-to-list ratio is just under 100%, indicating prices are aligning closely with asking levels. Only about 17% of recent sales closed above list price, suggesting buyers still have some negotiating room despite low inventory. Whether you are a buyer trying to compete effectively or a seller aiming to price and time your listing well, Agent Pronto can connect you with a Monrovia agent who understands these trends.
Learn more about what Monrovia has to offer.
Monrovia offers residents a welcoming small-town atmosphere, convenient local amenities, abundant outdoor recreation, and a strong sense of community.
Monrovia stands out from larger neighbors like Indianapolis and Plainfield by offering a small-town pace with quick access to major employers and regional amenities. Just off I-70, it appeals to residents who value extra yard space, quiet streets, and a community where people recognize one another at the local diner or ballfield.
Daily life centers on shared spaces and local schools. Families appreciate Monrovia Middle School and Monrovia High School, both part of the Monroe-Gregg School District with strong community support on game nights and events. The Morgan County Public Library in nearby Mooresville is a popular stop for programs and resources. Outdoor time often means youth sports at town fields, walks through nearby McCormick’s Creek State Park, or a short drive to Eagle Creek Park for trails and water access.
Housing in Monrovia ranges from established in-town homes to newer subdivisions on larger lots, making it appealing to both first-time buyers and those moving up. As growth from Hendricks County and Marion County continues to push west, preparation and timing are increasingly important. Whether you are planning to list your property or secure a home before the next wave of demand, Agent Pronto can connect you with a Monrovia real estate agent who understands the local market and can guide both buyers and sellers with confidence.
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“We've now worked with Rachel multiple times—she helped us sell a home in the past and recently purchase an investment property—and I truly can't recommend her enough. Rachel is incredibly responsive, works fast, and consistently goes above and beyond for her clients. Real estate transactions can be stressful, but she makes the entire process feel seamless by staying on top of every detail and keeping communication clear every step of the way. What I appreciate most is that she genuinely cares. She advocates for her clients, is proactive instead of reactive, and always makes you feel like you're her top priority. Whether you're buying your first home, selling, or investing in real estate, Rachel is the kind of realtor you want in your corner. We will absolutely continue using her for future transactions.”
Howard Hanna Real Estate Services F.C. Tucker Company
“More than happy to have worked with Dan. He's knowledgeable, and makes sure to listen to what you are looking for to ensure that you are satisfied with the property/price.”
Century 21 Scheetz
“Robert's expertise and real estate experience was valuable during the process of selling the home. He efficient, yet purposeful communication was greatly appreciated!”
Century 21 Scheetz
“We had a great experience with Colleen, very knowledgeable and available at all times we needed. Will use her again with any future real estate dealings.”
Century 21 Scheetz
“Nick Walters is very attentive with spot on suggestions for selling the home. The summary updates emailed weekly were very helpful and appreciated. The advantage I had with having Nick as my agent was his familiarity with the neighborhood by highlighting the amenities and great neighbors within the neighborhood.”
Century 21 Scheetz
“Kayla was an excellent agent who was very accessible and helpful which was important as first time homebuyers.”
Century 21 Scheetz
“Cindy and Michael Stockhaus are, by far, the best realtors I've dealt with. Aside from their professionalism, their communication, their availability, their patience, and their overall knowledge, they are people with heart. This wasn't an easy sale, for any of us, but they maintained professionalism and absolutely seemed to care about me and what I was going through in this process of selling my dad's home. Thank you for the recommendation!”
Better Homes & Gardens Real Estate Better Homes and Gardens Real Estate Gold Key
“Justin was most helpful dealing with an uncooperative property manager. He got the property sold quickly. I was very happy with his performance.”
Bennett Realty Inc
“Carlos was fantastic! He took charge when the buyer's relator wasn't moving things along. Carlos gave very honest feedback to our questions. We have been referring friends and family to Carlos nonstop since partnering with him to sell our home.”
eXp Realty
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Monrovia. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Monrovia Realtor® or real estate agent today.
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