Monroe, IN housing market
The typical Monroe home is worth about $211,000, up 6.7% in a year, 19% below the Indiana typical home.
Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.
Monroe at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Monroe | Indiana |
|---|---|---|
| 2017 | $108,000 | $135,000 |
| 2018 | $110,000 | $144,000 |
| 2019 | $114,000 | $154,000 |
| 2020 | $120,000 | $164,000 |
| 2021 | $136,000 | $183,000 |
| 2022 | $153,000 | $209,000 |
| 2023 | $163,000 | $227,000 |
| 2024 | $177,000 | $237,000 |
| 2025 | $195,000 | $249,000 |
| 2026 | $202,000 | $256,000 |
| August 2026 | $211,000 | $260,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,210
HUD's Fair Market Rent for a two-bedroom in Monroe is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Monroe pay a median of $867, so moving in tends to cost more than staying put.
Studio $920 · 4 bedrooms $1,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47557; Knox County, IN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.