Monroe, IN housing market
Home prices around Monroe have risen about 52% 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 52% in 5 years
The federal house price index for the ZIP codes around Monroe rose 52% over the past 5 years, about the same as across Indiana. Last year prices rose 3.3%.
Show as a table
| Year | Change that year | Since 2000 | Indiana since 2000 |
|---|---|---|---|
| 2025 | +3.3% | +157% | +126% |
| 2024 | +9% | +149% | +117% |
| 2023 | +6.1% | +128% | +106% |
| 2022 | +20% | +115% | +90% |
| 2021 | +5.6% | +79% | +65% |
| 2020 | +6.3% | +70% | +48% |
| 2019 | +2.1% | +60% | +42% |
| 2018 | +4.2% | +56% | +34% |
| 2017 | +8.7% | +50% | +26% |
| 2016 | +12% | +38% | +20% |
| 2015 | +4.1% | +24% | +16% |
| 2014 | +1.5% | +19% | +13% |
| 2013 | +0.8% | +17% | +10% |
| 2012 | −5.2% | +16% | +9% |
| 2011 | +2.6% | +22% | +9.6% |
| 2010 | −2.1% | +19% | +12% |
| 2009 | −5.2% | +22% | +14% |
| 2008 | +2.5% | +29% | +17% |
| 2007 | +3.5% | +25% | +18% |
| 2006 | +2% | +21% | +16% |
| 2005 | 0% | +19% | +14% |
| 2004 | +7.3% | +19% | +10% |
| 2003 | +4.5% | +11% | +7.8% |
| 2002 | +0.1% | +5.9% | +6.3% |
| 2001 | +5.8% | +5.8% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 47167, 47281, 47170, covering 64% 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 | +3.3%† | $1,010 | $49,615 |
| Washington | +6.1%† | $960 | $59,083 |
| Gibson | −0.8%† | $1,080 | $100,313 |
† 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 $1,010
HUD's Fair Market Rent for a two-bedroom in Monroe is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $750 · 4 bedrooms $1,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47167, 47170, 47281; Washington County, IN HUD Metro FMR Area), 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.