ZIP 91016 (Monrovia, CA) Housing Market & Real Estate Update – February 22, 2026
91016 – February 22, 2026 – Monrovia, CA market: Redfin shows Jan median sold about $944K, inventory ~50–70 listings, and homes taking ~2 months to sell.
ZIP 91016 (Monrovia, Los Angeles County, CA) continues to show mixed signals heading into late winter: some trackers show year-over-year softening in closed-sale prices, while for-sale inventory remains limited enough to keep well-priced homes moving.
- Prices: Redfin shows the Jan 2026 median sale price at about $943.5K (down 12.5% year over year), while Zillow’s typical value benchmark is about $964.8K (roughly flat year over year).
- Inventory: Zillow shows 54 homes for sale (as of Jan 31, 2026) and 17 new listings; Realtor.com shows 67 active listings in its latest ZIP snapshot.
- Market pace: Redfin reports homes selling in about 60 days on average and receiving about 3 offers, indicating a still-competitive but not frenzy-level market.
- Rentals: Rent signals vary by source: Zillow’s observed average rent is about $2,933 (Jan 2026), while Realtor.com’s ZIP median rent is about $2,653 (Dec 2025 reporting period).
Market snapshot (latest available ZIP-level data)
Closed-sale data can lag by a few weeks, but the direction is useful: Redfin’s January read points to lower median sale prices and longer time on market versus last year, which is consistent with buyers being more payment-sensitive and negotiating harder when listings are not perfectly priced. At the same time, Zillow’s home-value index for 91016 remains near the mid-$900Ks, suggesting that the broader valuation trend is closer to flat than falling.
What’s for sale right now (no-address look)
Portal searches for 91016 show a typical mix of single-family homes plus a meaningful condo/townhome slice. If you are trying to stay in the ZIP at a lower price point, Redfin’s filtered view of lower-priced listings currently shows only a small handful of options, which often means competition can be sharp for the best-kept units. For move-up buyers, the best strategy locally continues to be watching for fresh listings and acting quickly when a home checks the big boxes (condition, parking, layout, and commute access).
Prep-to-sell and inspection notes
In a market where buyers have a bit more time, small upgrades matter more: roof and HVAC condition, clean inspection reports, and clear disclosures can help a listing stand out and reduce price-cut pressure. If you are buying, consider budgeting for the higher-probability items in this area: deferred exterior maintenance, older electrical panels, and drainage/yard grading.
ServiceXTC pros to consider (confirm coverage for Monrovia/91016)
- Tufts Plumbing and Heating — Plumber
- Michael W Snow Electrician — Electrician
- Zoop HVAC Repair | Surprise — HVAC contractor
- Ikhthys Total Home, LLC — Handyman
- A A Huber & Sons Plumbing Heating — HVAC and heating services
Sources
- Zillow: ZIP 91016 home values, inventory, and rent trend dashboards
- Redfin: ZIP 91016 housing market trends and competitiveness metrics
- Realtor.com: ZIP 91016 market snapshot (prices, listings, rents)
What are you seeing right now in 91016: more price cuts, more multiple offers, or buyers taking their time?