Housing · Monroe

Monroe, IN housing market

The median sale price was $213,000 in May 2026.

Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.

The market right now

Monroe at a glance

Median sale price
$213K
May 2026 · Redfin
Homes sold
1
in May · 1 for sale

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.

Price trend

Home prices up 67% in 5 years

The federal house price index for the ZIP code around Monroe rose 67% over the past 5 years, faster than across Indiana (53%). Last year prices rose 2.5%.

Past year
+2.5%
Indiana: +4.3%
Past 5 years
+67%
Indiana: +53%
Past 10 years
+96%
Indiana: +94%
Monroe areaIndiana
−50%0%+50%+100%+150% 200220052010201520202025 2002: 0% since 20022003: +3.7% since 2002 · +3.7% that year2004: +7.9% since 2002 · +4.1% that year2005: +7.4% since 2002 · −0.5% that year2006: +14% since 2002 · +6% that year2007: +19% since 2002 · +5% that year2008: −0.9% since 2002 · −17% that year2009: +12% since 2002 · +13% that year2010: +7.3% since 2002 · −3.9% that year2011: +1.6% since 2002 · −5.3% that year2012: +8.4% since 2002 · +6.7% that year2013: +13% since 2002 · +4.5% that year2014: +16% since 2002 · +2.5% that year2015: +10% since 2002 · −5.3% that year2016: +16% since 2002 · +5.6% that year2017: +14% since 2002 · −2.2% that year2018: +18% since 2002 · +4% that year2019: +35% since 2002 · +14% that year2020: +29% since 2002 · −4.3% that year2021: +56% since 2002 · +21% that year2022: +83% since 2002 · +17% that year2023: +127% since 2002 · +24% that year2024: +110% since 2002 · −7.4% that year2025: +116% since 2002 · +2.5% that year Monroe +116%
Show as a table
YearChange that yearSince 2002Indiana since 2002
2025+2.5%+116%+113%
2024−7.4%+110%+104%
2023+24%+127%+93%
2022+17%+83%+79%
2021+21%+56%+55%
2020−4.3%+29%+39%
2019+14%+35%+33%
2018+4%+18%+26%
2017−2.2%+14%+18%
2016+5.6%+16%+13%
2015−5.3%+10%+9.4%
2014+2.5%+16%+5.9%
2013+4.5%+13%+3.5%
2012+6.7%+8.4%+2.5%
2011−5.3%+1.6%+3.1%
2010−3.9%+7.3%+5%
2009+13%+12%+7.6%
2008−17%−0.9%+10%
2007+5%+19%+11%
2006+6%+14%+9.5%
2005−0.5%+7.4%+7.5%
2004+4.1%+7.9%+3.8%
2003+3.7%+3.7%+1.4%
2002———

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 46772, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.

The homes

Owners, rent & taxes

Homeownership
78.1%
Median tax bill
$989
Median rent
$699
Typical home built
1964

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

HUD's Fair Market Rent for a two-bedroom in Monroe is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Monroe pay a median of $699, so moving in tends to cost more than staying put.

1 bedroom
$870
a month, with utilities
2 bedrooms
$960
a month, with utilities
3 bedrooms
$1,230
a month, with utilities

Studio $750 · 4 bedrooms $1,270

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46772; Adams 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. Sales, days on market and supply: Redfin Data Center, May 2026. 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.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01