Monroe County, IN real estate

What the numbers say

Monroe County, IN real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

In September 2026, the median home in Monroe County listed for $365,000, down 3.7% from a year earlier. That is 22% above the Indiana median of $299,000.

Homes spent a median of 73 days on the market, slower than 61 days a year ago. That makes Monroe County the #30 fastest-selling of 30 Indiana counties we track.

Homeowners in Monroe County pay a median of $2,036 a year in property taxes on a median home value of $285,200, an effective rate of about 0.71%. The Indiana average is 0.74%, which makes Monroe County the #62 lowest-tax of 92 counties in the state with published tax data.

Renters pay a median of $1,193 a month, and $1,209 for a two-bedroom. At today's prices a typical home costs about 25 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $365,000 home here comes to about $2,359 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $101,000 a year (the median household here earns $65,868).