All Home Types
Monterey, CA Housing Market
What is the housing market like in Monterey today?
Over the three months ending September 2026, Monterey home prices were down 8.0% compared to the same period last year, selling for a median price of $1.1M. On average, homes in Monterey sell after 40 days on the market compared to 27 days last year. There were 70 homes sold in September this year, up from 45 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,149,453
-8.0% YoY | Sep 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2026
Growth
% YoY
Monterey, CA
$1,149,453
-8.0%
United States
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Monterey Migration & Relocation Trends
In Oct '25 - Dec '25, 73% of Monterey homebuyers searched to move out of Monterey, while 27% looked to stay within the metropolitan area.
- Across the nation, 0.32% 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?
- 27% of Monterey homebuyers searched to stay within the Monterey metropolitan area.
- Portland was the most popular destination among Monterey homebuyers followed by San Diego and Sacramento.
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 | Apr '26 - Jun '26 | ||
| 1 | 742 | ||
| 2 | 92 | ||
| 3 | 35 | ||
| 4 | 18 | ||
| 5 | 10 | ||
| 6 | 10 | ||
| 7 | 10 | ||
| 8 | 9 | ||
| 9 | 6 | ||
| 10 | 4 | ||
People are leaving Monterey for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Apr '26 - Jun '26 | ||
| 1 | 19 | ||
| 2 | 14 | ||
| 3 | 12 | ||
| 4 | 11 | ||
| 5 | 11 | ||
| 6 | 9 | ||
| 7 | 8 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 6 | ||
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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