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Monterey Area

Real Estate Market Stats

Zillow Home Value Index: $766,000

Zillow Home Value Index

Owners vs. Renters

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $766,000 $216,700
Median Single Family Home Value $803,900 $215,800
Median Condo Value $459,400 $227,800
Median 2-Bedroom Home Value $637,000 $166,300
Median 3-Bedroom Home Value $807,500 $209,300
Median 4-Bedroom Home Value $1,007,300 $337,000
Percent Homes Decreasing 22.8% 33.5%
Percent Listing Price Reduction 22% 17.8%
Median List Price Per Sq Ft $505 $134
Median List Price $832,000 $275,000
Median Sale Price 176 230,800
Homes For Sale 176 2,657,264
Homes Recently Sold 176 2,657,264
Property Tax $3,436 $2,147
Turnover (Sold Within Last Yr.) 3.8% 2.9%
Median Value Per Sq Ft $534 $150
1-Yr. Change 6.7% 6.5%
Homes For Sale By Owner 4 112,185
New Construction 0 210,473
Foreclosures 1 13,770

Walk Score