Monterey Park, CA Housing Market
Median List Price
$889,998
Updated August 2026
Today, Monterey Park has 91 homes for sale at a median list price of $889,998, typically selling in about 40 days.
Monterey Park Market Analysis
Monterey Park, CA currently shows a median list price of $889,998. There are 91 homes currently listed for sale in Monterey Park, CA. 33 new listings came on the market in the last 30 days.
One bedroom homes are the most affordable tier at a median of $395,000, while six bedroom homes top the range at $1.4M. The housing stock skews toward single family homes, at about 47.3% of active listings, with condos accounting for another 34.1%. Over the last six months, the median price has risen about 7.9%, from $825,000 in February to $890,000 in July. Per square foot, the median stands at $551.
Median time from listing to accepted offer is about 14 days. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Monterey Park, CA covers the 91754 and 91755 ZIP codes.
Monterey Park Rental Market
Monterey Park, CA currently shows a median asking rent of $3,300. There are 36 homes currently listed for rent in Monterey Park, CA. Over the last six months, the median rent has risen about 61.5%, from $2,600 in February to $4,200 in July.
Monterey Park Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 9% over the last six months and 11% over the past year, yet 34% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$890K
↑ 11% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.5 months of supply
Balanced Supply91 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~40 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Monterey Park
Homeownership is near the state average, with a balanced mix of owners and renters.
52%
Homeowners
48%
Renters
Homeownership is 3.5 points lower than the California average (55.5%)
20,737 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $245K in value on average.
Largest increase: 1 → 2 bedrooms (+$296K)
Price Reductions
31 listings have reduced their price
34% of active listings
Average reduction: 4.8% (~$43K)
Browse Monterey Park Listings
Frequently Asked Questions about the Monterey Park, CA Housing Market
What is the median home price in Monterey Park, CA?
The median list price in Monterey Park is $889,998 as of August 2026, based on 91 active listings.
Is Monterey Park a buyer's market or a seller's market?
Monterey Park currently reads as a balanced market. Active inventory works out to about 4.5 months of supply at the recent sales pace.
How fast do homes sell in Monterey Park?
Homes that closed in the last 90 days typically went under contract in about 14 days. The average home currently for sale has been on the market for 40 days.
Are home prices in Monterey Park going up or down?
The median sale price in Monterey Park is up about 10.6% compared with a year ago.
How many homes are for sale in Monterey Park, CA?
There are 91 homes for sale in Monterey Park right now, including 6 listed within the last week.
What is the median rent in Monterey Park?
The median asking rent in Monterey Park is $3,300 per month, across 36 active rental listings.