Monterey County, CA home prices
Monterey County, CA: the typical home is worth $850,449 as of 2026-05, down -0.9% over the past year and +223.8% since 2000. Listings run about $683/sq…
Monterey County is flat and overvalued — severely unaffordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1975: $36,082 → 2026: $850,449 (23.6×) pre-2000 estimated via FHFA index
Market read
At $850,449, homes in Monterey County sit 67% above the California median ($509,844) and 264% above the US median ($233,954). That ranks #14 of 58 California counties by price.
Prices are holding steady (-0.9% in the last year) — a balanced market.
Homes here move at a steady pace — a median 53 days on the market, with 16% of listings cutting their asking price.
At 9.8× local income, that's pricier than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~83% expensive for local incomes and rents.
Renting looks cheaper — buying the typical home runs ~$4,198/mo (P&I, 20% down) vs $2,895/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
San Benito County, CA ($772,130) · Santa Cruz County, CA ($1,157,195) · Santa Clara County, CA ($1,652,163) · Merced County, CA ($419,169) · San Luis Obispo County, CA ($909,704) · Kings County, CA ($365,077)
Frequently asked questions
What is the average home price in Monterey County, CA?
Are home prices in Monterey County rising or falling?
Is Monterey County affordable?
What is the rental yield in Monterey County?
How fast do homes sell in Monterey County?
| Year | Median home value |
|---|---|
| 2000 | $262,655 |
| 2001 | $316,426 |
| 2002 | $376,161 |
| 2003 | $403,505 |
| 2004 | $462,634 |
| 2005 | $577,271 |
| 2006 | $700,448 |
| 2007 | $694,869 |
| 2008 | $587,101 |
| 2009 | $402,498 |
| 2010 | $336,353 |
| 2011 | $328,374 |
| 2012 | $307,171 |
| 2013 | $325,857 |
| 2014 | $398,104 |
| 2015 | $435,514 |
| 2016 | $479,020 |
| 2017 | $513,873 |
| 2018 | $550,218 |
| 2019 | $580,674 |
| 2020 | $601,611 |
| 2021 | $673,559 |
| 2022 | $781,367 |
| 2023 | $803,680 |
| 2024 | $843,070 |
| 2025 | $867,736 |
| 2026 | $849,626 |