All Home Types
Monterey, CA Housing Market
What is the housing market like in Monterey today?
In December 2024, Monterey home prices were up 28.5% compared to last year, selling for a median price of $1.3M. On average, homes in Monterey sell after 58 days on the market compared to 41 days last year. There were 10 homes sold in December this year, up from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,281,500
+28.5% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Monterey, CA
$1,281,500
+28.5%
United States
Monterey Migration & Relocation Trends
In Oct '24 - Dec '24, 68% of Monterey homebuyers searched to move out of Monterey, while 32% looked to stay within the metropolitan area.
- Across the nation, 0.36% of homebuyers searched to move into Monterey from outside metros.
- San Francisco homebuyers searched to move into Monterey more than any other metro followed by Los Angeles and Seattle.
Where are people moving to Monterey from?
- 32% of Monterey homebuyers searched to stay within the Monterey metropolitan area.
- Sacramento was the most popular destination among Monterey homebuyers followed by Fresno and Las Vegas.
Where are people from Monterey moving to?
Number of People Moving to Monterey
least
most
People are moving to Monterey from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 569 | ||
| 2 | 283 | ||
| 3 | 55 | ||
| 4 | 22 | ||
| 5 | 15 | ||
| 6 | 10 | ||
| 7 | 9 | ||
| 8 | 7 | ||
| 9 | 7 | ||
| 10 | 5 | ||
People are leaving Monterey for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 49 | ||
| 2 | 27 | ||
| 3 | 21 | ||
| 4 | 20 | ||
| 5 | 18 | ||
| 6 | 16 | ||
| 7 | 15 | ||
| 8 | 14 | ||
| 9 | 14 | ||
| 10 | 12 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Monterey.
Provided by First Street Foundation
Transportation in Monterey
Learn about the walkability, bikeability, and transit-friendliness of Monterey
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Somewhat Bikeable
Bike Score®
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