What are current home values in Monterey Park, CA?

The median home value in Monterey Park, CA is $928,283 as of June 2026. This represents a 0.2% decrease compared to last month and a 1.4% increase year-over-year.

How have home values changed in Monterey Park, CA?

Home values in Monterey Park, CA have decreased by 0.2% month-over-month and 1.4% year-over-year.

How do home values in Monterey Park, CA compare to Los Angeles County, California, and the national average?

The median home value in Monterey Park, CA ($928,283) compares to: Los Angeles County ($888,426), California ($775,549), and the U.S. national median ($372,995).

Monterey Park, CA Housing Market

$928,283

1.4% 1-yr

The average Monterey Park, CA home value is $928,283, up 1.4% over the past year, and homes go to pending in around 17 days. (Updated on 6/30/2026)

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.

Learn more about the Zillow Home Value Index

Monterey Park Key Takeaways

Typical Home Values: $928,283

1-Year Value Change: +1.4%

(Data through June 30, 2026)

Monterey Park Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 101 (June 30, 2026)

New Listings: 36 (June 30, 2026)

Median Sale to List Ratio: --

Median Sale Price: $876,833 (May 31, 2026)

Median List Price: $886,833 (June 30, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 17 (June 30, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Monterey Park

NameMedian ZHVI
University Hills$745,102
El Sereno$770,949
Boyle Heights$647,735
Mission District$2,461,388
Lower Huntington$2,987,130
Montecito Heights$875,367
Park El Monte$783,431
Lincoln Heights$689,697
Hermon$989,569

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Monterey Park Rental Market Trends

Average Rent: $2,545 (June 30, 2026)

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: 1.4% (June 30, 2026)

Year-Over-Year Change: 2.7% (June 30, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.