The Unshakable Investor

Unshakable ZIP Data 46157 | Monrovia, IN Housing Market

Monrovia · Morgan County · Indianapolis-Carmel-Anderson, IN metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46157, Monrovia, Indiana is $307,859 at $143 per square foot. 27 single-family homes sold in the latest period, down 29.6 percent from a year earlier. Homes sit a median of 44 days on market with 1.2 months of supply. Sellers are getting 98.7 percent of list price and 15.4 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$307,075
Average price per sq ft$143
Median sale price$307,859
Median sale price per sq ft$143
Median home size2,149 sq ft
Median new listing price$321,155-1.8%
National size rank16,056

Sales activity

MetricValueYear over year
Homes sold27-29.6%
Median days on market44 days
Months of supply1.2 months
New listings23-46.9%
Active listings47-21.0%
Pending sales30-37.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio98.7%-0.3 pts
Share sold above list15.4%-8.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$253,165
3-bedroom
$294,459
4-bedroom
$317,046

These figures describe the single-family market for Monrovia, Indiana ZIP 46157. They are market context, not a substitute for sold comps or a formal appraisal.