Is Monrovia, IN 46157 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Monrovia is a seller’s market. With about 2.7 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market

Sold above original list22.2%Share of sales, last 3 months

Median sale-to-list98.4%Sold price ÷ list price

Median days on market46Listing to accepted offer

Median price per sq ft$172▲ +7.8% vs. last year

Run the numbers for 46157

Prefilled for 46157Can I win this house?Multiple-offer likelihood for a listing Prefilled for 46157Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Brooklyn 46111Seller’s market $173 /sq ft Camby 46113Seller’s market $152 /sq ft Eminence 46125 — /sq ft Martinsville 46151Seller’s market $164 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology