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Median Home Price in Monterey, CA

The median home value in Monterey, CA is $1,153,012, up 1.41% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$1,153,012

Year-over-Year

+1.41%

Population

28,792

Home value history

The typical home value decreased by 1.2%, from $1,166,482 in May 2026 to $1,153,012 in Sep 2026.

Monterey, CA typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Monterey, CA monthly home value history
MonthTypical home valueYear-over-year change
May 2026$1,166,482-2.6%
Jun 2026$1,180,394-1.6%
Jul 2026$1,179,065-0.6%
Aug 2026$1,159,526+0.8%
Sep 2026$1,153,012+1.4%

Monterey ranks #94 of 395 California cities tracked here by median home value, and sits 52.7% above the state's city median of $754,898. It sits in Monterey County, where the county-wide median is $841,129.

Housing affordability in Monterey

Median household income in Monterey is $102,846, so the typical home value is about 11.2× 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).

Crime in Monterey

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).

Common questions about Monterey

What is the average home price in Monterey, CA?

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 $1,153,012. That's up 1.41% from a year earlier. It is about 52.7% above the typical California city tracked here.

Is Monterey expensive compared to the surrounding area?

Homes in Monterey are more expensive than Monterey County as a whole, where the median is $841,129 — a difference of about 37.1%.

Is Monterey affordable?

Median household income here is $102,846, so the typical home value is about 11.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Monterey a safe place to live?

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.

Cities with similar home prices in CA

Lake Forest · Walnut · Burbank · Ojai · Alameda · Tustin · El Cerrito · Orange