What is the median home value in Monroe Township (Howard County), IN?
The median value of owner-occupied homes in Monroe Township (Howard County), IN is $255,900 (±$62,122), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Monroe Township (Howard County), the median home value went from $174,400 in 2015–2019 to $255,900 in 2020–2024 (+46.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $255,900 (±$62,122)
- Owner-occupied homes
- 470 (±127)
- Most common range
- $200,000 to $299,999
Home values in Monroe Township (Howard County)
| Value | Monroe Township (Howard County) | Howard County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±7.7 points) | 6.3% | 6.0% | 5.3% |
| $50,000 to $99,999 | 6.8% (±6.3 points) | 18.3% | 10.1% | 6.1% |
| $100,000 to $149,999 | 3.4% (±4.0 points) | 19.5% | 12.7% | 6.8% |
| $150,000 to $199,999 | 10.4% (±10.2 points) | 19.0% | 15.8% | 9.0% |
| $200,000 to $299,999 | 38.9% (±18.9 points) | 23.1% | 25.1% | 17.8% |
| $300,000 to $499,999 | 30.0% (±15.3 points) | 11.5% | 21.8% | 26.9% |
| $500,000 to $999,999 | 6.0% (±6.2 points) | 1.7% | 7.3% | 20.9% |
| $1,000,000 or more | 4.5% (±6.6 points) | 0.6% | 1.2% | 7.1% |
The most common range is $200,000 to $299,999, 38.9% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Monroe Township (Howard County) against Howard County, its state and the nation
| Monroe Township (Howard County) | Howard County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $255,900 (±$62,122) | $165,000 (±$5,476) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 470 (±127) | 25,119 (±702) | 1,916,243 (±9,865) | 84,210,142 |
In Monroe Township (Howard County), the median home value is higher than in Howard County ($165,000).
It is not measurably different from Indiana ($218,200).
It is lower than the national figure ($332,700).
In Howard County, Monroe Township (Howard County) ranks 1 of 14 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 280 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Monroe Township (Howard County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $174,400 (±$31,002) | $255,900 (±$62,122) | +46.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,279 (±$233) | $1,370 (±$108) | +7.1% | No measurable change after inflation |
| Median real estate taxes | $1,090 (±$361) | $1,826 (±$175) | +67.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Monroe Township (Howard County)
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Monroe Township (Howard County) | — | $255,900 (±$62,122) | — |
| Russiaville | 3.1 mi | $182,300 (±$12,010) | Lower |
| Honey Creek Township (Howard County) | 3.9 mi | $191,300 (±$11,981) | Lower |
| Ervin Township | 4.5 mi | $229,200 (±$12,415) | Not measurably different |
| Burlington | 4.8 mi | $146,300 (±$11,530) | Lower |
| Forest Township | 4.9 mi | $125,000 (±$24,729) | Lower |
| Burlington Township | 6.0 mi | $236,400 (±$61,940) | Not measurably different |
| Warren Township (Clinton County) | 6.6 mi | $226,200 (±$173,165) | Not measurably different |
| Harrison Township (Howard County) | 6.7 mi | $225,300 (±$20,498) | Not measurably different |
Nearby places with a measurably lower figure: Russiaville, IN ($182,300), Honey Creek Township (Howard County), IN ($191,300), Burlington, IN ($146,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Howard County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Monroe Township (Howard County) | $255,900 (±$62,122) |
| 2 | Union Township (Howard County) | $254,200 (±$48,084) |
| 3 | Jackson Township (Howard County) | $233,800 (±$159,387) |
| 4 | Ervin Township | $229,200 (±$12,415) |
| 5 | Clay Township (Howard County) | $227,300 (±$17,984) |
| 6 | Harrison Township (Howard County) | $225,300 (±$20,498) |
| 7 | Howard Township (Howard County) | $219,800 (±$28,435) |
Showing 7 of 14 places in Howard County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Monroe Township (Howard County)
What is the average home value in Monroe Township (Howard County), IN?
The Census Bureau publishes the median: $255,900 (±$62,122) for owner-occupied homes in Monroe Township (Howard County) (2020–2024 American Community Survey).
Have home values in Monroe Township (Howard County) gone up?
In Monroe Township (Howard County), the median home value went from $174,400 in 2015–2019 to $255,900 in 2020–2024 (+46.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Monroe Township (Howard County) sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Monroe township, Howard County, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Monroe township, Howard County, Indiana (county subdivision:50328, in state:18 county:067).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Monroe Township (Howard County) at a glance
- Income and affordability in Monroe Township (Howard County)
- Homeowner costs in Monroe Township (Howard County)
- Property taxes in Monroe Township (Howard County)
- Types of homes in Monroe Township (Howard County)
- Age of homes in Monroe Township (Howard County)
- Heating fuel in Monroe Township (Howard County)
- Commute and cars in Monroe Township (Howard County)
- Population growth in Monroe Township (Howard County)
- Indiana landlord and tenant rules
- Housing across Howard County
- Indiana places ranked by median home value
- Housing data for every place in Indiana