Monterey, CA Housing Market & City Data

Explore key insights and real experiences from people who call Monterey home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

5.0
Average City Rating
28,178
Population Estimate
$782,138
Median Home Value
97.0%
Employment Rate
52.8%
Bachelor's Degree+

Monterey City Reviews

Real experiences from people who call Monterey home.

5.0
(1 Reviews)

Nate Randall

Home of Steinbeck's Cannery Row The city of Monterey is the geographical and social center of the Monterey Peninsula. Its remarkable waterfront lies along Monterey Bay National Marine Sanctuary. Fisherman's Wharf, Cannery Row and the famous Monterey Bay Aquarium stretch along the vibrant waterfront, complete with charming older homes. A bustling downtown and Del Monte Shopping Center provide residents with plenty of shopping and dining choices. Monterey is also a filming location for the HBO hit series Big Little Lies, starring Nicole Kidman. Along with its many parks, Monterey offers a wide variety of recreational opportunities, including a jogging-biking trail along the coast, kayak rentals, public tennis courts, baseball parks and the state-of-the-art Monterey Sports Center. Monterey real estate includes a wide variety of housing options from urban to suburban properties, with executive-style homes boasting sweeping views of the Monterey Bay, single-family homes in a wide variety of price ranges and extensive condominium complexes, some adjoining the bay.

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Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$750
Median Listing Price$1,206,250
Median Days on Market73
Active Listings64
New Listings28
Total Listings (Active + Pending)90
Avg Listing Price$1,551,487
Avg Listing Price Change MoM0%
Avg Listing Price Change YoY3%

HOUSEHOLD OVERVIEW

Family Size2.9
Family Dual Income51.8
Median Household Income$80,694
Median Individual Income$39,539
Home Ownership37.9%
Home Value$782,138
Median Rent$1,793
Rent Burden32.1%
Poverty10.9%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED7.4%
  • Highschool Education10.7%
  • Some College29.0%
  • Bachelors Degree29.5%
  • Graduate Degree23.3%
  • Total College or Above52.8%
  • Stem Degree49.7%

GENDER BREAKDOWN

  • Male49.9%
  • Female50.1%

MARITAL STATUS

  • Married41.3%
  • Divorced14.4%
  • Never Married39.0%
  • Widowed5.3%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityMonterey
State IDCA
Population28,178

AGE BREAKDOWN

Age Group% of Population
Under 1818.6%
19–2918.9%
30–3914.6%
40–4910.0%
Age Group% of Population
50–5913.4%
60–6911.8%
70–797.6%
80+5.0%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation69.1%
Unemployment Rate3.0%
Disabled9.2%

ETHNICITY

White78.6%
Black4.0%
Asian7.7%
Native American0.8%
Pacific Islander0.2%
Other2.9%
Multiple5.7%

OTHER

Hispanic16.2%
Limited English3.4%
Health Uninsured3.9%
Veteran10.1%

Local Discussions

Community questions and conversations about living in Monterey, CA.

  1. Is Monterey, CA a good place to buy a house?

    Local perspectives on Monterey home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Monterey, CA for families?

    Local insights on Monterey neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Monterey, CA housing market?

    Local insights on Monterey home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Monterey, CA?

    Compare Monterey home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Monterey, CA?

    Explore Monterey neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Monterey, CA?

    Learn how Monterey home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Monterey, CA?

    Learn how Monterey property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Monterey, CA for first-time home buyers?

    Explore Monterey neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Monterey, CA?

    Local perspectives on Monterey neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Monterey, CA?

    What newcomers should know about Monterey housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Monterey, CA

Neighborhoods in Monterey, CA

Get to know neighborhoods in Monterey, ordered by the number of properties in the provider sample.

  • TPC Monterey at Pasadera

    Pasadera ↗

    Median asking price
    $1,799,000
    / sq ft
    $836
    Active listings
    3
    properties in discovery sample
    28
    B

    Nearby schools · estimated

    6.8/10 · 4 schools

  • Ocean Forest Condominiums

    Ocean Forest ↗

    Median asking price
    $459,500
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    28
    C

    Nearby schools · estimated

    4.7/10 · 3 schools

  • Cypress Park

    Cypress Park ↗

    Median asking price
    $354,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    27
    —

    Nearby schools · estimated

    Ratings not available

  • Footprints on the Bay Apartments

    Footprints On The Bay ↗

    Median asking price
    $375,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    22
    C

    Nearby schools · estimated

    4.7/10 · 3 schools

  • Del Monte Beach

    Del Monte Beach ↗

    Median asking price
    $949,500
    / sq ft
    $1,248
    Active listings
    3
    properties in discovery sample
    15
    C

    Nearby schools · estimated

    5/10 · 3 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.