1 / 20
Price cut: $11,592,000 (7/20)
$1,288,000FOR SALE
4 beds · 3 baths · 2,200 sqft
THE WHITING CO REALTORS, INC.
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48 homes in 91016
Homes for Sale in 91016
Monrovia, CA
163 May Avenue, Monrovia, CA 91016
1 / 20
OPEN FRIDAY, 12AM - 2AM
VIRTUAL TOUR
$1,468,000FOR SALE
4 beds · 3 baths · 2,448 sqft
Beverly and Company, Inc.
1 / 20
3D TOUR
$1,298,888FOR SALE
3 beds · 2 baths · 1,215 sqft
Redfin Corporation
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VIDEO TOUR
$1,650,000FOR SALE
4 beds · 2 baths · 2,261 sqft
Coldwell Banker Realty
1 / 20
Price cut: $35,000 (7/25)
3D TOUR
$899,998FOR SALE
4 beds · 4 baths · 2,378 sqft
Rubio Real Estate
1 / 20
Price cut: $285,000 (6/23)
VIRTUAL TOUR
$1,815,000FOR SALE
3 beds · 3 baths · 2,459 sqft
Keller Williams OC Coastal Realty
1 / 20
Price cut: $50,000 (8/13)
3D TOUR
$1,224,999FOR SALE
3 beds · 3 baths · 1,992 sqft
REAL BROKERAGE TECHNOLOGIES
1 / 20
Price cut: $69,000 (8/3)
OPEN SATURDAY, 8PM - 11PM
$830,000FOR SALE
3 beds · 4 baths · 1,722 sqft
Pinnacle Real Estate Group
1 / 20
3D TOUR
$883,000FOR SALE
3 beds · 3 baths · 1,838 sqft
BHHS California Properties
1 / 20
$918,000FOR SALE
4 beds · 3 baths · 2,078 sqft
IRN REALTY
1 / 20
OPEN SATURDAY, 9PM - 12AM
$1,450,000FOR SALE
6 beds · 4 baths · 2,229 sqft
Re/Max Champions/WC
1 / 20
$738,000FOR SALE
2 beds · 1 baths · 764 sqft
JohnHart Corp.
1 / 20
3D TOUR
$899,000FOR SALE
2 beds · 2 baths · 936 sqft
Keller Williams Realty
1 / 20
3D TOUR
$918,000FOR SALE
4 beds · 3 baths · 1,440 sqft
BHHS California Properties
1 / 20
3D TOUR
$1,298,888FOR SALE
5 beds · 3 baths · 1,978 sqft
Redfin Corporation
1 / 20
Price cut: $40,000 (8/24)
$839,000FOR SALE
3 beds · 3 baths · 1,324 sqft
Berkshire Hathaway Home Services Golden Properties
About 91016 Real Estate
About Monrovia: The 91016 ZIP code is in Monrovia, CA. Monrovia is a city in the foothills of the San Gabriel Mountains in the San Gabriel Valley of Los Angeles County, California, United States. Monrovia is the fourth-oldest general-law city in Los Angeles County and the L.A. Basin. Incorporated in 1887, it has grown from a sparse community of orange ranches to a residential community of over 37,000. The population was 37,931 at the 2020 census.
Today, the 91016 area has 48 homes for sale with a median listing price of $1.1M. The average price per square foot is $648.
91016 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 7% over the last six months and 10% 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.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.12M
↑ 10% over the past yearChart shows the median closed sale price by month
$1.3M$1.1M$906.1K$729K
Sep 25
Dec 25
Mar 26
Jun 26
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.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.3
0369+
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.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 59% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 91016 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
14,019 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
2 Bed$950K
3 Bed$1.1M
4 Bed$1.3M
5 Bed$1.4M
6 Bed$1.8M
Each additional bedroom adds about $219K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$386K)
Price Reductions
25
25 listings have reduced their price
51% of active listings
Average reduction: 8.6% (~$96K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Monrovia
Frequently Asked Questions about Homes for Sale in 91016, CA
How many homes are for sale in 91016, CA?
There are currently 48 homes for sale in 91016, ranging from $545,000 to $4,288,700. 2 of them hit the market within the last week.
What is the median home price in 91016?
The median list price in 91016 is $1,150,000. Price per square foot averages $648. Prices are up 9.9% compared to a year ago.
How fast do homes sell in 91016?
Homes in 91016 currently average 39 days on the market, a steady pace.
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