Monterey, IN 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.

201
Population Estimate
$93,386
Median Home Value
92.8%
Employment Rate
5.7%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$165
Median Listing Price$299,000
Median Days on Market60
Active Listings5
New Listings0
Total Listings (Active + Pending)6
Avg Listing Price$313,740
Avg Listing Price Change MoM-2%
Avg Listing Price Change YoY-12%

HOUSEHOLD OVERVIEW

Family Size3.12
Family Dual Income55.1
Median Household Income$60,750
Median Individual Income$32,153
Home Ownership78.3%
Home Value$93,386
Median Rent$792
Rent Burden-
Poverty11.7%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED12.2%
  • Highschool Education42.9%
  • Some College39.2%
  • Bachelors Degree4.5%
  • Graduate Degree1.2%
  • Total College or Above5.7%
  • Stem Degree35.7%

GENDER BREAKDOWN

  • Male56.3%
  • Female43.7%

MARITAL STATUS

  • Married51.6%
  • Divorced10.0%
  • Never Married35.5%
  • Widowed2.9%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityMonterey
State IDIN
Population201

AGE BREAKDOWN

Age Group% of Population
Under 1820.3%
19–2911.7%
30–3917.8%
40–4923.7%
Age Group% of Population
50–5914.3%
60–694.6%
70–793.7%
80+4.0%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation67.8%
Unemployment Rate7.2%
Disabled16.9%

ETHNICITY

White78.9%
Black0.0%
Asian1.7%
Native American0.0%
Pacific Islander0.0%
Other13.7%
Multiple5.7%

OTHER

Hispanic20.6%
Limited English0.0%
Health Uninsured7.4%
Veteran5.2%

Local Discussions

Community questions and conversations about living in Monterey, IN.

  1. Is Monterey, IN 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, IN 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, IN 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, IN?

    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, IN?

    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, IN?

    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, IN?

    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, IN 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, IN?

    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, IN?

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

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Top Real Estate Agents in Monterey, IN

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Neighborhoods in Monterey, IN

No neighborhoods were found in the current property sample.