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The median home value in Monterey, CA is $1,179,065 as of 2026-07-31, down 0.55% from a year earlier.
Median Home Value
$1,179,065
Year-over-Year
-0.55%
Population
28,792
Monterey ranks #93 of 396 California cities tracked here by median home value, and sits 54.0% above the state's city median of $765,555. It sits in Monterey County, where the county-wide median is $852,464.
Median household income in Monterey is $102,846, so the typical home value is about 11.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Monterey police recorded a violent crime rate of 382 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,782 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Monterey, that value is $1,179,065. That's down 0.55% from a year earlier. It is about 54.0% above the typical California city tracked here.
Homes in Monterey are more expensive than Monterey County as a whole, where the median is $852,464 — a difference of about 38.3%.
Median household income here is $102,846, so the typical home value is about 11.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Monterey police reported 382 violent crimes per 100,000 residents, covering a population of about 28,792. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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