Monterey County, CA Home Values & Market Trends

The median home price in Monterey County, CA is $1,202,000. There were 2,607 home sales in Monterey County, CA over the past 12 months. The median residential Monterey County, CA home value for transactions over the previous year is $793,875. The number of current listings in Monterey County, CA is 161, and the percentage of properties for sale is 161.00%. The county has 114 foreclosures, 6 bank owned properties, 31 headed for auction, and 161 properties for sale.

Monterey County, CA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salinas

$ 795,000

$ 486/sqft

Aromas

$ 945,150

$ 877/sqft

Carmel

$ 2,039,500

$ 1,065/sqft

Moss Landing

$ 2,498,000

$ 1,469/sqft

Pebble Beach

$ 2,234,000

$ 1,078/sqft

Greenfield

$ 467,750

$ 458/sqft

Monterey

$ 1,250,000

$ 747/sqft

Lockwood

$ --

$ --

Pacific Grove

$ 1,475,375

$ 943/sqft

Jolon

$ --

$ --

Bradley

$ 588,560

$ 252/sqft

San Ardo

$ --

$ --

Seaside

$ 768,933

$ 669/sqft

Gonzales

$ --

$ --

Carmel Valley

$ 1,703,000

$ 828/sqft

Carmel By The Sea

$ --

$ --

Marina

$ 1,135,250

$ 523/sqft

Big Sur

$ --

$ --

Soledad

$ 683,000

$ 333/sqft

Chualar

$ --

$ --

Castroville

$ 889,337

$ 459/sqft

San Lucas

$ --

$ --

King City

$ 435,858

$ 386/sqft

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Housing Market Summary for Monterey County, CA

Mar 2024February 2025Change
Median Listing Price$907.5K$975K7.44%
Median Sold Price$837.6K$819.4K-2.17%
Homes For Sale12814311.72%
Homes Sold2,4412,81015.12%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Monterey County, CA

Monterey County, CA home values range from $215,049 to $16,800,000. Pebble Beach is the priciest city with a median listing home price of $2,897,000, and Castroville is most affordable with average house prices of around $242,500.

Foreclosure
There are 23 cities within Monterey County, CA; within these cities, the median estimated home value for homes in foreclosure ranges from $3,175,000 in Bradley to the lowest value of $349,900 in Bradley. Foreclosure homes account for 3.00% of properties in Monterey County, CA with Salinas containing 52 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 2.44% of all residential properties in Monterey County, CA with Salinas containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 23 cities within Monterey County, CA; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,558,000 in Carmel to the lowest home value of $367,000 in Salinas.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Monterey County, CA ranges from the highest value of $715,500 in Monterey to the lowest value of $349,900 in Bradley. Bank owned homes and properties account for 0.19% of properties in Monterey County, CA. There are 23 cities within Monterey County, CA; King City containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Salinas has 16 auction properties, the highest number of properties going to auction in a single city in the state of Monterey County, CA. Auction homes and other auction properties account for 0.98% of all properties in Monterey County, CA. There are 23 cities within Monterey County, CA; of those cities, the median estimated home value for homes going to auction ranges from $1,403,000 in Carmel to the lowest value of $400,750 in Carmel.
Homes for Sale
Homes and properties that are actively listed for sale account for 5.10% of residential properties in Monterey County, CA with Salinas containing 43 homes for sale, the highest number of listed properties in a single city. There are 23 cities within Monterey County, CA; homes for sale in those cities, have a range of median values from $2,498,000 in Moss Landing to the lowest value of $349,900 in Bradley.
    Sold Homes
    The median value for recently sold homes ranges from $3,865,000 in Big Sur to the lowest price of $215,049 in Big Sur. There are 23 cities within Monterey County, CA. Salinas has 963 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 87.69% of properties in Monterey County, CA.

      Compare Nearby Cities

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      Guide for Monterey County, CA

      california blog hero image
      California
      California Pre-Foreclosures Surge 34.4% in One Month
      California
      Los Angeles Pre-Foreclosure Rates Drop 60 Percent in August 2024
      California
      California Pre-foreclosure Spike: July 2024 Figures Climb 11% Month-on-Month Despite Annual Drop
      California
      San Bernardino Real Estate on the Rise: July 2024 Sees Property Values Peak Amid Fluctuating Market Dynamics
      See More Articles
      california blog hero image
      California Pre-Foreclosures Surge 34.4% in One Month
      California|posted 11 March 2025
      Los Angeles Pre-Foreclosure Rates Drop 60 Percent in August 2024
      California|posted 2 October 2024
      California Pre-foreclosure Spike: July 2024 Figures Climb 11% Month-on-Month Despite Annual Drop
      California|posted 20 August 2024
      San Bernardino Real Estate on the Rise: July 2024 Sees Property Values Peak Amid Fluctuating Market Dynamics
      California|posted 15 August 2024