What is the median home value in Monroe, IN?
The median value of owner-occupied homes in Monroe, IN is $164,400 (±$21,596), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Monroe, the median home value went from $110,800 in 2015–2019 to $164,400 in 2020–2024 (+48.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $164,400 (±$21,596)
- Owner-occupied homes
- 189 (±58)
- Most common range
- $100,000 to $149,999
Home values in Monroe
| Value | Monroe | Adams County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 1.1% (±2.8 points) | 5.2% | 6.0% | 5.3% |
| $50,000 to $99,999 | 8.5% (±6.4 points) | 11.9% | 10.1% | 6.1% |
| $100,000 to $149,999 | 32.3% (±11.2 points) | 20.7% | 12.7% | 6.8% |
| $150,000 to $199,999 | 24.3% (±9.4 points) | 17.9% | 15.8% | 9.0% |
| $200,000 to $299,999 | 18.0% (±9.2 points) | 22.5% | 25.1% | 17.8% |
| $300,000 to $499,999 | 15.9% (±7.7 points) | 16.2% | 21.8% | 26.9% |
| $500,000 to $999,999 | 0.0% (±17.9 points) | 4.9% | 7.3% | 20.9% |
| $1,000,000 or more | 0.0% (±17.9 points) | 0.9% | 1.2% | 7.1% |
The most common range is $100,000 to $149,999, 32.3% 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 against Adams County, its state and the nation
| Monroe | Adams County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $164,400 (±$21,596) | $178,400 (±$13,273) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 189 (±58) | 10,349 (±306) | 1,916,243 (±9,865) | 84,210,142 |
In Monroe, the median home value is not measurably different from Adams County ($178,400).
It is also lower than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Adams County, Monroe ranks 11 of 16 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 889 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Monroe have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $110,800 (±$9,286) | $164,400 (±$21,596) | +48.4% | Up after inflation |
| Median owner cost with a mortgage | $932 (±$57) | $1,234 (±$159) | +32.4% | No measurable change after inflation |
| Median real estate taxes | $832 (±$75) | $989 (±$192) | +18.9% | No measurable change 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
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Monroe | — | $164,400 (±$21,596) | — |
| Monroe Township (Adams County) | 3.2 mi | $180,600 (±$11,326) | Not measurably different |
| Washington Township (Adams County) | 3.3 mi | $145,000 (±$13,417) | Not measurably different |
| French Township | 5.6 mi | $315,500 (±$79,361) | Higher |
| Kirkland Township | 5.7 mi | $263,000 (±$59,269) | Higher |
| Decatur | 5.8 mi | $142,800 (±$11,317) | Not measurably different |
| Blue Creek Township | 6.0 mi | $348,200 (±$55,634) | Higher |
| Berne | 6.1 mi | $151,700 (±$10,154) | Not measurably different |
| St. Marys Township | 6.5 mi | $229,600 (±$37,211) | Higher |
Nearby places with a measurably higher figure: French Township, IN ($315,500), Kirkland Township, IN ($263,000), Blue Creek Township, IN ($348,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Adams County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 5 | Jefferson Township (Adams County) | $225,900 (±$32,703) |
| 6 | Preble Township | $221,000 (±$24,241) |
| 7 | Union Township (Adams County) | $213,700 (±$55,675) |
| 8 | Root Township | $193,800 (±$24,831) |
| 9 | Monroe Township (Adams County) | $180,600 (±$11,326) |
| 10 | Wabash Township (Adams County) | $164,600 (±$9,806) |
| 11 | Monroe | $164,400 (±$21,596) |
| 12 | Hartford Township | $159,200 (±$151,215) |
| 13 | Berne | $151,700 (±$10,154) |
| 14 | Washington Township (Adams County) | $145,000 (±$13,417) |
| 15 | Decatur | $142,800 (±$11,317) |
| 16 | Geneva | $127,300 (±$30,920) |
Showing 12 of 16 places in Adams 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.
What you can do on Seayora in Monroe
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Monroe beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Monroe, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Monroe, and send estimates and invoices from your phone.
Questions about Monroe
What is the average home value in Monroe, IN?
The Census Bureau publishes the median: $164,400 (±$21,596) for owner-occupied homes in Monroe (2020–2024 American Community Survey).
Have home values in Monroe gone up?
In Monroe, the median home value went from $110,800 in 2015–2019 to $164,400 in 2020–2024 (+48.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Monroe 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 town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monroe town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Monroe town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Monroe town, 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 town, Indiana (place:50202, in state:18).
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 at a glance
- Renters and owners in Monroe
- Income and affordability in Monroe
- Homeowner costs in Monroe
- Property taxes in Monroe
- Types of homes in Monroe
- Bedrooms in Monroe
- Age of homes in Monroe
- Heating fuel in Monroe
- Commute and cars in Monroe
- How long people stay in Monroe
- Indiana landlord and tenant rules
- Housing across Adams County
- Indiana places ranked by median home value
- Housing data for every place in Indiana