Market Intelligence · CA / Monterey
Monterey, CA 93940 Housing Market
The typical home value in Monterey 93940 is $1,144,695, down 0.6% over the past year. The median list price sits at $1,137,500, with homes spending a median of 59 days on market.
The median home value in Monterey, CA 93940 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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Typical 93940 range
$1.04M to $1.22M
This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.
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12-month value trend
+0.7% over 12 months
Aug 2025$1.12M
Low $1.11MHigh $1.13M
Aug 2026$1.13M