What is the housing market like in Monterey today?
In June 2025, Monterey home prices were down 12.2% compared to last year, selling for a median price of $195K. On average, homes in Monterey sell after 49 days on the market compared to 21 days last year. There were 14 homes sold in June this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$194,950
-12.2% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Monterey, TX
$194,950
-12.2%
United States
To compare other locations to the Monterey and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lubbock add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Monterey housing market?
Learn what it takes to have a winning offer
All Home Types
Homes Sold Above List PriceAll Home Types
Homes Sold Above List Price
(All Home Types)
0.0%
0.0 pt YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Monterey housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Monterey.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monterey has a minor risk of flooding. properties in Monterey are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Monterey. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monterey has a major risk of wildfire. There are 1,063 properties in Monterey that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Monterey.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Monterey has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Monterey is most at risk from hurricanes. 1,063 properties in Monterey have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 50 mph.