Data as of February 2026. Source: Realtor.com.
The MONTEREY, CA real estate market (93940) currently shows 73 active listings, with 18 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.
Homes are selling faster, averaging 52 days on market compared to 76 days last year.
The median listing price has fallen 10.6% year-over-year, from $1,336,750 to $1,195,250.
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.
Population: 31,513 · Density: 346.2/mi² · Median household income: $103,946
Typical home value: $960,267 · Homeownership: 41.0%
| 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 February 2026, there are 73 active listings in MONTEREY, CA (zip code 93940), compared to 54 the prior year.
The median listing price in MONTEREY, CA 93940 is $1,195,250 as of February 2026, a 10.6% decrease from $1,336,750 the prior year.
Homes in MONTEREY, CA 93940 spend an average of 52 days on the market before going under contract, compared to 76 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MONTEREY, CA 93940 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 76 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEREY, CA 93940 save an estimated $23,905 compared to a typical 5% commission on the median listing price of $1,195,250. 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.