The city of Monrovia in Los Angeles County has increasingly drawn attention for its pleasant climate, excellent school districts, and diverse cultural atmosphere. With over 5,000 Asian residents including nearly 3,000 Chinese Americans, what does the real estate landscape look like in this thriving community? This article provides an in-depth analysis of Monrovia's current housing market.

Property Inventory: Diverse Options Available

Recent data shows Monrovia currently has 56 active listings, offering a wide variety of property types spanning different architectural eras. From early 20th century classic homes to newly constructed modern apartments, the market provides ample choices for prospective buyers. Listing durations vary from just a few days to several weeks, reflecting the area's market activity.

Price Range: Options for Every Budget

Monrovia's housing prices show significant variation, ranging from $289,000 to $1.75 million. This broad spectrum means buyers with different budgets can potentially find suitable properties. Final prices depend on factors including square footage, bedroom count, location, and overall property condition.

Featured Listings Analysis

Notable current listings include:

  • 203 Benrud St: Built in 1951, listed 3 days at $1.045 million (bedroom/bath count and square footage unavailable)
  • 327 E Lemon Av: Historic 1904 home with 3 beds, 3 baths (1,420 sq ft) listed at $1.15 million
  • 215 E Chestnut Av Unit D: 1982-built condo with 3 beds, 3 baths (1,552 sq ft) at $759,000 with $525/month HOA
  • 846 W Hillcrest Bl: 1948 home with 2 beds, 2 baths (960 sq ft) priced at $995,000
  • 2451 Graydon Av: Spacious 1948 home with 6 beds, 5.5 baths (2,684 sq ft) at $1.6 million
  • 416 Jeffries Unit 60: 2006-built property with 3 beds, 2 baths (1,240 sq ft) at $289,000
  • 619 E Walnut Av & 617 E Walnut Av: New constructions (2025 completion) with 3 beds, 2.75 baths (1,329 sq ft) each at $899,000 with $284/month HOA

Homebuying Recommendations

  • Define your needs: Establish clear requirements for budget, property type, bedroom count, and location before beginning your search
  • Work with a local agent: An experienced realtor familiar with Monrovia's market can provide valuable guidance
  • Conduct thorough inspections: Carefully examine properties and consider professional inspections for older homes
  • Research the neighborhood: Investigate local safety, transportation, schools, and amenities through multiple sources
  • Evaluate HOA fees: For condos or planned developments, assess whether monthly fees provide commensurate value
  • Monitor market trends: Stay informed about changing conditions in the broader Los Angeles housing market

Monrovia's Market Appeal

Beyond its climate and schools, Monrovia attracts buyers with:

  • Strategic location: Situated in San Gabriel Valley with convenient freeway access to downtown Los Angeles
  • Comprehensive amenities: Abundant shopping, dining, parks, and cultural facilities serving residents
  • Investment potential: Steady appreciation in line with broader Los Angeles County trends

Conclusion

Monrovia's dynamic real estate market offers diverse opportunities for both first-time buyers and seasoned investors. While the selection remains robust, prudent buyers should conduct thorough due diligence when making this significant financial decision. The combination of community character, location advantages, and housing variety makes Monrovia a compelling option in the Los Angeles metropolitan area.