The median home in Monon, Indiana is valued at $174,370, up 1.7% year over year. Monon is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$174,370

+1.7%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$34,874 on $174,370

Example: $75,000 household income. Change it above to see your own.

Affordable18.2% of income

Under the 28% guideline.

PITI$1,139

P/I18.2%

Afford$268K

Room+$94K

P&I $882Tax $124Ins $133

6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Monon with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

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Monon, IN