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Foreclosure Homes in Monterey, CA

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Monterey, CA Foreclosures

Current Market Conditions in in Monterey, CA As of March 2026?
Over the past month, the Monterey real estate market has demonstrated a notable shift as properties continue to gain value. On average, home sales prices have increased by 3%, while new listings have been slower than anticipated, indicating a tightening market. Buyers are facing challenges, with homes receiving multiple offers and selling quickly, often above listing prices.
How much do homes sell for in Monterey, CA?
The average home price is currently $1,249,166.
In Monterey, CA, how many homes are available?
There are currently 35 active home listings available in Monterey.
What’s the average rental cost in Monterey, CA?
The average rental price in Monterey is $2,664.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $19,914,400.
What is currently the cheapest priced home in Monterey, CA?
The cheapest home for sale in Monterey is priced at $13,546.

Living in Monterey, CA

Monterey, CA is a coastal city known for its breathtaking ocean views, vibrant marine life, and rich history. It offers a variety of outdoor activities, cultural experiences, and a charming downtown area filled with shops, restaurants, and galleries. With its mild climate and beautiful scenery, Monterey is a desirable location for both residents and visitors.

Buyer vs Seller Market in Monterey, CA

The real estate market in Monterey has seen a steady increase in home values, driven by the area’s natural beauty and tourist attractions. Buyers remain active, particularly in desirable neighborhoods near the coast, with many seeking vacation homes or investment properties. Overall, the market is competitive, with limited inventory prompting faster sales and multiple offers on popular listings.

Home Value Estimator For Monterey, CA

There are currently 14,878 real estate properties in Monterey, CA, with a median automated valuation model (AVM) price of $1,130,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monterey, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monterey, CA, is $1,249,166.00, with the most expensive house in Monterey, CA, topping out at $19,914,400.00 and the cheapest home in Monterey, CA, clocking in at $13,546.00. In other words, there’s something for every potential homebuyer or savvy investor in Monterey, CA!

Rent Prices In Monterey, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey, CA, is on a rollercoaster ride. The average rent price in Monterey, CA, is $2,664.00. Indeed, when looking to rent in Monterey, CA, you can expect to pay as little as $1,300.00 or as much as $5,480.00, with the average rent median estimated to be $2,540.00. The good news is that finding an affordable and desirable property to rent in Monterey, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monterey, CA Foreclosures

Market Trend for Monterey, CA

Total Listings Available: 35

Market Values:

Home Prices from $13,546 to $19,914,400

Average Sales Price: $1,249,166

Rental Values:

Rental from $1,300 to $5,480

Average Rent Value: $2,664 / month

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