Monrovia, MD
Full City Profile · Maryland · Frederick County County
4.0
/5.0
A
Great
2,924
Population
1,300/sq mi density
$234,712
Median Income
$75,978 per capita
$761,600
Home Value
$661,650 Zillow
54°F
Avg Temperature
293 sunny days/yr
430
Violent Crime/100K
2,314 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$234,712 median income, 0.6% unemployment
A+
Affordability
4.9 / 5.0
$761,600 home value, /mo rent
F
Safety
1.0 / 5.0
430 violent crimes/100K (13% above avg)
A+
Education
5.0 / 5.0
71.5% bachelor's degree or higher
Housing Overview
Median Home Value
$761,600
170% above
US avg: $281,900
Homeownership Rate
98.9%
51% above US avg (65.4%)
Total Housing Units
870
Median year built: 2015
Home Value by Source
Census Median
$761,600
Zillow (ZHVI)
$661,650
Median Sale Price
$719,950
Median List Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
98.9%
Owner-Occupied
1.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Market Indicators (Redfin)
Median Days on Market
193 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$219
Active Inventory
3
homes for sale
Affordability & Housing Stock
Rent Burden
28.9%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
2015
Average age of housing stock: 11 years
Homeownership Rate
98.9%
Complete Housing Data
Home Values
| Census Median Value | $761,600 |
| Zillow Home Value (ZHVI) | $661,650 |
| Median Sale Price | $719,950 |
| Median List Price | $550,000 |
| Price Per Sq Ft | $219 |
Rent
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 193 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.3% |
| Homes Sold | 2 |
| Active Inventory | 3 |
| Price Per Sq Ft | $219 |
Ownership & Stock
| Owner-Occupied | 98.9% |
| Renter-Occupied | 1.1% |
| Homeownership Rate | 98.9% |
| Total Housing Units | 870 |
| Median Year Built | 2015 |
| Rent Burden | 28.9% |
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