Market Overview
Home Prices in Monrovia, MD
The median home value in Monrovia, MD is $679,805 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.3% compared to a year ago and up 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Monrovia are priced66% above average. Monrovia is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Monrovia home values have risen by approximately20.9%, reflecting strong long-term appreciation in this market.
Price History
Monrovia Home Price Trend
City Comparison
Monrovia vs. National Median
At $679,805, homes in Monrovia cost 66% above the national median of $410,000. Buyers in Monrovia should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Monrovia?
20% Down Payment
$135,961
on $679,805
Monthly P&I
$3,545/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,502/mo
incl. taxes & insurance
Income Needed
$180,080
gross annual (30% rule)
10% Down Option
$67,981
+ PMI applies
Loan Amount (20% dn)
$543,844
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Monrovia, MD?
The median home value in Monrovia is $679,805 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.3% year-over-year.
How much have home prices changed in Monrovia?
Over the past year, home values in Monrovia have increased by 0.3%. Over five years, prices have risen approximately 20.9%.
How much do I need to earn to buy a home in Monrovia?
To comfortably afford the median home price of $679,805 with a 20% down payment ($135,961) at today's rates (6.8%), you'd need a gross annual income of approximately $180,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Monrovia compare to the national average home price?
The national median home value is approximately $410,000. At $679,805, homes in Monrovia are 66% above the national average.
What metro area is Monrovia part of?
Monrovia is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.