Monroe, IN housing market
Home prices around Monroe have risen about 43% over the past 5 years.
Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.
Home prices up 43% in 5 years
The federal house price index for the ZIP codes around Monroe rose 43% over the past 5 years, slower than across Indiana (53%). Last year prices rose 5.8%.
Show as a table
| Year | Change that year | Since 2001 | Indiana since 2001 |
|---|---|---|---|
| 2025 | +5.8% | +114% | +117% |
| 2024 | +8.8% | +102% | +108% |
| 2023 | −5.6% | +86% | +97% |
| 2022 | +30% | +97% | +83% |
| 2021 | +1.3% | +51% | +59% |
| 2020 | +9% | +49% | +42% |
| 2019 | −4.5% | +37% | +36% |
| 2018 | +7.5% | +44% | +29% |
| 2017 | +2.8% | +33% | +21% |
| 2016 | +4.3% | +30% | +16% |
| 2015 | +8.4% | +24% | +12% |
| 2014 | −1.5% | +15% | +8% |
| 2013 | +1.4% | +17% | +5.5% |
| 2012 | −1.9% | +15% | +4.5% |
| 2011 | +5.1% | +17% | +5.1% |
| 2010 | −2.7% | +11% | +7.1% |
| 2009 | −4.2% | +15% | +9.8% |
| 2008 | +2.7% | +20% | +12% |
| 2007 | +13% | +16% | +13% |
| 2006 | −18% | +3.4% | +12% |
| 2005 | +16% | +25% | +9.6% |
| 2004 | +9.1% | +8.4% | +5.9% |
| 2003 | −2.3% | −0.6% | +3.4% |
| 2002 | +1.7% | +1.7% | +2% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 47660, 47585, 47598, 47619, covering 72% of Monroe’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Monroe and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Monroe | +5.8%† | $1,020 | $87,596 |
| Patoka | +7.1%† | $1,040 | $67,156 |
| Columbia | +5.8%† | $1,020 | $54,711 |
| Barton | +4.2%† | $1,050 | $62,765 |
† FHFA price index change, where Zillow has no home value for the town.
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 $1,020
HUD's Fair Market Rent for a two-bedroom in Monroe is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Monroe pay a median of $1,075.
Studio $760 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47585, 47598, 47619, 47660; Evansville, IN MSA), 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.