Is Monrovia, CA 91016 a buyer’s or seller’s market?

The Monrovia housing market right now

In the three months ending August 31, 2026, 35% of homes in Monrovia, CA 91016 sold above their list price, the typical home went under contract in 43 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 55%, homes sold more slowly (38 days then) and the median sale price rose 3% to $1,019,559. Overall, Monrovia is less competitive than a year ago, which gives buyers more room.

Within Los Angeles County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Monrovia ranks #475 of 1,069 CA ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.