Monterey Home Prices & Values

$98,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.3% 1-year change
  • 4.7% 1-year forecast

The median home value in Monterey is $98,300. Monterey home values have gone up 12.3% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in Monterey is $71, which is lower than the Jacksonville average of $87. The median price of homes currently listed in Monterey is $105,000 while the median price of homes that sold is $156,000.

Relative ZHVI
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Monterey Market Overview

Data through Aug 31, 2014
  • $98,300 ZHVI
  • 4.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $105,000 Median listing price
  • No recent data Median sale price
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Monterey Market Health

Data through Aug 31, 2014
  • 6.8/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
University Park $141,100 Fairways Forest $120,900 Empire Point $110,200
Oak Haven $104,200 Arlington Manor $89,300 Lake Lucina $82,900
Arlington $63,700 East Jacksonville $43,400 Fairfield $37,800

Listings & Sales

Data through Aug 31, 2014
  • $71 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 45.5% Listings with price cut
9.1%
Sold below listing
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Monterey Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,001 Monterey
$1,102 Jacksonville
$1,328 United States
  • 1.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $0.76 Rent list price / sq ft
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