The median sale price of a home in Monterey was $900K last month, down 14.9% since last year. The median sale price per square foot in Monterey is $266, down 38.9% since last year.
What is the housing market like in Monterey today?
In August 2025, Monterey home prices were down 14.9% compared to last year, selling for a median price of $900K.
$820K
Sale Price
-14.6% since last year
$266
Sale $/Sq. Ft.
-38.9% since last year
Under List Price
3.4%
Days on Market
103
Down Payment
—
Total Homes Sold
1
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 Rancho Mirage add value to a home.
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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. 288 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.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monterey has a moderate risk of wildfire. There are 1,860 properties in Monterey that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in Monterey.