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Foreclosure Homes in Monrovia, IN 46157

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Monrovia, IN Foreclosures

How much do homes sell for in Monrovia, IN?
The average home price is currently $347,526.
In Monrovia, IN, how many homes are available?
There are currently 13 active home listings available in Monrovia.
What’s the average rental cost in Monrovia, IN?
The average rental price in Monrovia is $1,335.
What is the most expensive home in Monrovia?
The most expensive home sold in Monrovia had a price of $2,745,100.
What is currently the cheapest priced home in Monrovia, IN?
The cheapest home for sale in Monrovia is priced at $16,887.

Living in Monrovia, IN

Nestled in Morgan County, Monrovia, IN is a quaint small town known for its strong community spirit and family-friendly amenities. With local parks, reputable schools, and a variety of recreational activities available, it offers an ideal environment for both relaxation and growth.

Current Market Conditions in Monrovia, IN

Monrovia's real estate market has been steadily growing, with an increase in demand for single-family homes as remote workers seek quieter places to live. The small-town charm and affordability compared to larger cities are key attractions for buyers.

Recent trends show a rise in home renovations and new constructions in the area, indicating a revitalization of interest in Monrovia as an ideal living destination.

Home Value Estimator For Monrovia, IN

There are currently 1,391 real estate properties in Monrovia, IN, with a median automated valuation model (AVM) price of $300,397.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monrovia, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monrovia, IN, is $347,526.00, with the most expensive house in Monrovia, IN, topping out at $2,745,100.00 and the cheapest home in Monrovia, IN, clocking in at $16,887.00. In other words, there’s something for every potential homebuyer or savvy investor in Monrovia, IN!

Rent Prices In Monrovia, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monrovia, IN, is on a rollercoaster ride. The average rent price in Monrovia, IN, is $1,335.00. Indeed, when looking to rent in Monrovia, IN, you can expect to pay as little as $660.00 or as much as $3,030.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Monrovia, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monrovia, IN 46157 Foreclosures

Market Trend for Monrovia, IN

Total Listings Available: 13

Market Values:

Home Prices from $16,887 to $2,745,100

Average Sales Price: $347,526

Rental Values:

Rental from $660 to $3,030

Average Rent Value: $1,335 / month

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