The housing market in Monrovia continues to see strong price appreciation, with values up 76.9% compared to last year. Home prices have increased 68.2% in the past month alone. With 10 active listings, inventory is 233% higher than seasonal norms. Homes are now taking an average of 30 days to sell, significantly longer than the 14 days typical for this market. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Monrovia market with the affordability index at 5226.0. Based on current market indicators, home prices in Monrovia are projected to decrease by approximately 17.6% over the next month.
Monrovia, MD has a total population of 1,875 residents. White residents make up 40.7% of the population, African American residents comprise 18.5% of the community. Asian residents make up 19.8% of the population, This creates a relatively diverse demographic makeup for the area. The small population size creates an intimate community atmosphere in Monrovia, MD.
Market predictions for Monrovia, MD show an upward trend in home prices, with values increasing by 4.3%. This suggests a gradual price adjustment in the market. The current median home price in Monrovia, MD is approximately $795,029.941. The stable price trend suggests a balanced market in Monrovia, MD, suitable for both buyers and sellers.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A
✓ Free market analysis ✓ Cancel anytime
Disclaimer: All investment decisions involve risks, and the information provided by Pulsereal is for informational purposes only. We do not guarantee any specific outcomes, returns, or profitability. Users are encouraged to conduct their own due diligence and consult with a financial advisor or real estate professional before making any investment decisions. Pulsereal is not responsible for any losses or damages arising from the use of the platform or reliance on the provided information.
Copyright © 2025 Pulse Real LLC.