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Monarch Park, Fort Wayne, IN Home Prices vs. Nearby Neighborhoods

Monarch Park Loften Woods Statewood Park Irvington Park
Median Home Price
$236,450
$279,000
$214,900
$227,450
Median Sale Price
$226,500
+7% YoY
$279,900
+9% YoY
$214,900
+6% YoY
$291,500
+63% YoY
Median Single Family Price
$226,500
$277,000
$214,900
$225,750
Total Active Listings
0 listings
2 listings
0 listings
1 listing
Market Conditions
0 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
0 Months of Supply
Seller's Market
4 Months of Supply
Balanced Market

Frequently Asked Questions

Is Monarch Park a good place to live?
Monarch Park is a good place to live. Monarch Park is considered somewhat walkable and bikeable with minimal transit options. Monarch Park is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Monarch Park has 7 parks for recreational activities.It is somewhat dense in population with 6.0 people per acre and a median age of 36. The average household income is $56,347 which is below the national average. College graduates make up 50.3% of residents. A majority of residents in Monarch Park are renters, with 52% of residents renting and 48% of residents owning their home. A local real estate agent serving Monarch Park can help you decide if this neighborhood is the right one for you. Learn more on our Monarch Park neighborhood guide.
Is Monarch Park, IN a safe neighborhood?
Monarch Park, IN is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Monarch Park?
The median home price in Monarch Park is $236,450. If you put a 20% down payment of $47,300 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $52K a year to afford the median home price in Monarch Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Monarch Park is $56K.
What are the best public schools in Monarch Park?
The best public schools that serve Monarch Park are:
What are the most popular zip codes in Monarch Park, Fort Wayne, IN?
The most popular zip codes in Monarch Park, Fort Wayne, IN include 46815, 46835, 46805, 46774 and 46803.
What are the most popular neighborhoods near Monarch Park, Fort Wayne, IN?
The most popular neighborhoods near Monarch Park, Fort Wayne, IN are Glenwood Park, Kensington Downs and Frances Slocum.
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