Population: 31,513 · Density: 346.2/mi² · Median household income: $103,946
Typical home value: $960,267 · Homeownership: 41.0%
Data as of January 2026. Source: Realtor.com.
The MONTEREY, CA real estate market (93940) currently shows 65 active listings, with 15 pending sales. Homes are averaging 76 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 76 days on market compared to 84 days last year.
The median listing price has fallen 11.1% year-over-year, from $1,203,500 to $1,070,000.
Whether you are buying or selling in MONTEREY, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 93940 | Monterey, CA 93940 | 0.0 mi | 65 | $92,760,265 | $1,070,000 | $1,427,081 |
| 93921 | Carmel By The Sea, CA 93921 | 8.0 mi | 11 | $43,074,493 | $4,395,000 | $3,915,863 |
| 93955 | Seaside, CA 93955 | 12.0 mi | 29 | $31,405,115 | $899,500 | $1,082,935 |
| 93924 | Carmel Valley, CA 93924 | 12.7 mi | 36 | $93,953,664 | $1,800,000 | $2,609,824 |
| 93962 | Spreckels, CA 93962 | 16.4 mi | 1 | $939,000 | $939,000 | $939,000 |
| 93901 | Salinas, CA 93901 | 18.2 mi | 34 | $27,323,896 | $712,000 | $803,644 |
| 93906 | Salinas, CA 93906 | 22.2 mi | 41 | $27,332,035 | $654,000 | $666,635 |
| 93907 | Salinas, CA 93907 | 23.9 mi | 29 | $29,057,681 | $885,000 | $1,001,989 |
| 93926 | Gonzales, CA 93926 | 25.5 mi | 2 | $1,275,000 | $637,500 | $637,500 |
| 93927 | Greenfield, CA 93927 | 29.1 mi | 10 | $6,022,500 | $620,000 | $602,250 |
| 95004 | Aromas, CA 95004 | 31.1 mi | 2 | $1,887,500 | $943,750 | $943,750 |
| 95019 | Freedom, CA 95019 | 33.6 mi | 1 | $777,125 | $777,125 | $777,125 |
| 93920 | Big Sur, CA 93920 | 34.3 mi | 10 | $89,270,000 | $4,500,000 | $8,927,000 |
As of January 2026, there are 65 active listings in MONTEREY, CA (zip code 93940), compared to 55 the prior year.
The median listing price in MONTEREY, CA 93940 is $1,070,000 as of January 2026, a 11.1% decrease from $1,203,500 the prior year.
Homes in MONTEREY, CA 93940 spend an average of 76 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MONTEREY, CA 93940 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 76 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEREY, CA 93940 save an estimated $21,400 compared to a typical 5% commission on the median listing price of $1,070,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.