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IN area data

Monrovia, IN

Monrovia, IN.

Population: 4,558 (Census ACS)

Home values & appreciation

Median home value
$307,999
1-year appreciation
+0.2%
3-year appreciation
+7.9%
5-year appreciation
+25.4%
10-year appreciation
+89.2%
All-time peak (2026-03)
$310,641
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$307,950
Median list price
$323,900
Median days on market
44 days
Sale-to-list ratio
98.7%
Active listings
10
1-year forecast
+1.3%
New listings (monthly)
8

Rents

2-bedroom fair-market rent (HUD reference)
$1,100/mo
3BR fair-market rent
$1,440/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, hail, tornado, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
65.0°F
Average low
46.0°F
Annual precipitation
39.0 in
Annual snowfall
9.8 in

Walkability & transit

Walkability index
4.7 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Mershon Airport (3 mi)
Nearest major airport
Indianapolis International Airport (IND) (17 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+272 tax filers

Housing stock

Median year housing built
1,993
Median annual property tax
$1,178
Mean commute to work
29 min
Households with broadband internet
81.9%

Employment & development

Total county employment
12,646
Average weekly wage
$943
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
328

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents