The Monterey housing market is somewhat competitive. The median sale price of a home in Monterey was $190K last month, down 23.2% since last year. The median sale price per square foot in Monterey is $94, down 34.7% since last year.
What is the housing market like in Monterey today?
In January 2025, Monterey home prices were down 23.2% compared to last year, selling for a median price of $190K. On average, homes in Monterey sell after 28 days on the market compared to 50 days last year. There were 3 homes sold in January this year, down from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$190,000
-23.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Monterey, FL
$190,000
-23.2%
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 Jacksonville add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Monterey
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Monterey housing market?
Monterey is somewhat competitive. Homes sell in 32 days.
0
100
45
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 15 days.
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
25% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Monterey has a minor risk of flooding. 129 properties in Monterey are likely to be
severely affected
by flooding over the next 30 years. This represents 25% of all properties in Monterey. Flood risk is increasing faster than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Monterey has a moderate risk of wildfire. There are 70 properties in Monterey that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in Monterey.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Monterey has an Extreme 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. 991 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 161 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 177 mph.