Monterey, CA Housing Market
$1,159,526
0.8% 1-yrThe average Monterey, CA home value is $1,159,526, up 0.8% over the past year, and homes go to pending in around 21 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Monterey Key Takeaways
Typical Home Values: $1,159,526
1-Year Value Change: +0.8%
(Data through August 31, 2026)
Monterey Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Monterey Vista$1,242,916
- Skyline Forest$1,173,108
- Old Town$1,140,985
- Glen$1,172,766
- Seaview$1,394,425
- Downtown--
- Del Monte Park$1,148,335
- New Monterey$1,096,064
- Alta Mesa$2,486,699
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Monterey Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Monterey, CA?
The median home value in Monterey, CA is $1,159,526 as of August 2026. This represents a 0.7% increase compared to last month and a 0.8% increase year-over-year.
How have home values changed in Monterey, CA?
Home values in Monterey, CA have increased by 0.7% month-over-month and 0.8% year-over-year.
How do home values in Monterey, CA compare to Monterey County, California, and the national average?
The median home value in Monterey, CA ($1,159,526) compares to: Monterey County ($843,096), California ($764,158), and the U.S. national median ($368,697).
