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Market Intelligence · CA / Monterey County

Monterey, CA housing market

1 ZIP market liveData updated August 2026Typical value$1.13M1-yr changeUp0.7%

The median home value in Monterey, CA is $1.13M as of August 2026, up 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Monterey, by the numbers.

Typical home valueZillow ZHVI, August 2026
$1.13M
1-yr changeMedian across Monterey ZIPs
+0.7%
ZIP markets live4 tracked in Monterey
1
County
Monterey County

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12-month value trend

+0.7% over 12 months

Typical home value in Monterey over the last 12 months: $1.12M in Aug 2025 to $1.13M in Aug 2026 (+0.7%).

Aug 2025$1.12M

Aug 2026$1.13M

Median Zillow home value index across Monterey's ZIP codes.

Context

As of August 2026, Zillow's index pegs the typical Monterey home at $1,126,708, a 12-month move of +0.7%. Turning to what is for sale, Realtor.com counts 65 homes on the market, 24 newly listed, and a median asking price of $1,137,500 as of August 2026. Listings sit a median 59 days before selling, with 26.9% of active homes cutting their price. Taken together, the numbers describe a steady market: values are holding their gains while buyers have room to negotiate on individual listings.

The numbers

What is the housing market like in Monterey, CA?

Typical home value

$1.13M

Up0.7%YoY

Median list price

$1.14M

Days on market

59

Homes for sale

65

Price cuts

26.9%

New listings

24

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Monterey's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Monterey?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Monterey ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

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Top real estate agents in Monterey, CA

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Nearby markets

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