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Foreclosure Homes in Monrovia, MD

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Monrovia, MD Foreclosures

How much do homes sell for in Monrovia, MD?
The average home price is currently $696,122.
In Monrovia, MD, how many homes are available?
There are currently 16 active home listings available in Monrovia.
What’s the average rental cost in Monrovia, MD?
The average rental price in Monrovia is $2,232.
What is the most expensive home in Monrovia?
The most expensive home sold in Monrovia had a price of $15,192,554.
What is currently the cheapest priced home in Monrovia, MD?
The cheapest home for sale in Monrovia is priced at $11,999.

Living in Monrovia, MD

Monrovia, MD is a serene and welcoming small town in Frederick County known for its strong community spirit and family-friendly environment. It combines suburban charm with quick access to urban conveniences, making it a desirable location for homebuyers. Outdoor enthusiasts will appreciate the parks and recreational activities available in and around this picturesque town.

Current Market Conditions in Monrovia, MD

The real estate market in Monrovia has seen steady growth over the past few months. Home values have been rising, which is indicative of increasing demand in the area. The community's family-friendly environment combined with new developments makes it an attractive choice for homebuyers looking for suburban life close to urban amenities.

Sale prices have shown a consistent upward trend, and homes are spending less time on the market than last year. This continued demand suggests that more buyers are recognizing Monrovia's potential as an ideal location for their next home.

Home Value Estimator For Monrovia, MD

There are currently 3,044 real estate properties in Monrovia, MD, with a median automated valuation model (AVM) price of $641,699.00. 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, MD, 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, MD, is $696,122.00, with the most expensive house in Monrovia, MD, topping out at $15,192,554.00 and the cheapest home in Monrovia, MD, clocking in at $11,999.00. In other words, there’s something for every potential homebuyer or savvy investor in Monrovia, MD!

Rent Prices In Monrovia, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monrovia, MD, is on a rollercoaster ride. The average rent price in Monrovia, MD, is $2,232.00. Indeed, when looking to rent in Monrovia, MD, you can expect to pay as little as $1,240.00 or as much as $4,580.00, with the average rent median estimated to be $2,200.00. The good news is that finding an affordable and desirable property to rent in Monrovia, MD -- 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, MD Foreclosures


Market Trend for Monrovia, MD

Total Listings Available: 16

Market Values:

Home Prices from $11,999 to $15,192,554

Average Sales Price: $696,122

Rental Values:

Rental from $1,240 to $4,580

Average Rent Value: $2,232 / month

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