Is Monrovia, MD 21770 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Monrovia is a seller’s market. With about 2.6 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score61/ 100

More competitive than 63% of U.S. ZIP codes, and #145 of 241 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.6Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$240▲ +3.5% vs. last year

The Monrovia housing market right now

In the three months ending August 31, 2026, 29% of homes in Monrovia, MD 21770 sold above their list price, the typical home went under contract in 52 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (44 days then) and the median sale price fell 16% to $644,721. Overall, Monrovia is less competitive than a year ago, which gives buyers more room.

Within Frederick County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 68%. On our competition score, Monrovia ranks #145 of 241 MD ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Buckeystown 21717 (0% sold over asking) or Frederick 21705 (0% sold over asking), while Woodsboro 21798 (50% sold over asking) and Thurmont 21788 (44% sold over asking) are even more competitive.

Nearby markets

Adamstown 21710Balanced $192 /sq ftBrunswick 21716Seller’s market $200 /sq ftBuckeystown 21717 $225 /sq ftBurkittsville 21718 — /sq ft Browse all markets →

Where Monrovia is

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Questions about Monrovia real estate

Is Monrovia a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Monrovia, MD 21770 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Monrovia?

The typical home went under contract in 52 days in the latest three months.

Do homes in Monrovia sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Monrovia?

About 0.99% of a home’s value a year in Frederick County, or roughly $3,960 on a $400,000 home.

What is the median home price in Monrovia?

The median sale price was $644,721 in the three months ending August 31, 2026, about $240 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology