Monrovia, CA Housing Market
Median List Price
$1,120,000
Updated August 2026
Today, Monrovia has 49 homes for sale at a median list price of $1,120,000, typically selling in about 39 days.
Monrovia Market Analysis
The median list price in Monrovia, CA is $1.1M. Current inventory stands at 49 active listings. 18 new listings came on the market in the last 30 days.
Expect a median around $899,400 for two bedroom homes and $1.8M at the six bedroom end. Single family homes lead the mix at 69.4%. February to July saw the median price go from $1.2M to $999,999, down about 18.4%. On a per square foot basis, the median runs $621.
Homes here typically go under contract in about 14 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Addresses here carry the 91016 ZIP code.
Monrovia Rental Market
The median asking rent in Monrovia, CA is $2,700. Current inventory stands at 39 active rental listings. January to June saw the median rent go from $3,000 to $2,550, down about 15.0%.
Monrovia Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 10% over the last six months and 14% over the past year, and supply sits at 3.3 months, roughly in step with demand. At the same time, 51% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.12M
↑ 14% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Supply49 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~39 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Monrovia
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
14,019 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $234K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$474K)
Price Reductions
25 listings have reduced their price
51% of active listings
Average reduction: 8.3% (~$93K)
Browse Monrovia Listings
Frequently Asked Questions about the Monrovia, CA Housing Market
What is the median home price in Monrovia, CA?
The median list price in Monrovia is $1,120,000 as of August 2026, based on 49 active listings.
Is Monrovia a buyer's market or a seller's market?
Monrovia currently reads as a seller's market. Active inventory works out to about 3.3 months of supply at the recent sales pace.
How fast do homes sell in Monrovia?
Homes that closed in the last 90 days typically went under contract in about 14 days. The average home currently for sale has been on the market for 39 days.
Are home prices in Monrovia going up or down?
The median sale price in Monrovia is up about 14.4% compared with a year ago.
How many homes are for sale in Monrovia, CA?
There are 49 homes for sale in Monrovia right now.
What is the median rent in Monrovia?
The median asking rent in Monrovia is $2,700 per month, across 39 active rental listings.