467 homes in near Monarch
Homes for Sale near Monarch
San Diego, CA
$340,000
FOR SALE777 6th Avenue 404, San Diego, CA 92101
1 beds · 1 baths · 656 sqft
About Homes near Monarch
About San Diego: Monarch is located in San Diego. San Diego is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. It is the eighth-most populous city in the U.S. and second-most populous city in California with a population of over 1.4 million, while the San Diego metropolitan area with over 3.3 million residents is the 18th-largest metropolitan area in the country. San Diego is the county seat of San Diego County. It is known for its mild Mediterranean climate, extensive beaches and parks, long association with the United States Navy, and recent emergence as a wireless, electronics, healthcare, and biotechnology development center.
These are homes for sale within about 2 miles of Monarch in San Diego (Topfind School Score: 1/10). The area around the school has 471 active listings.
Monarch Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 8.6 months of supply is more than current demand absorbs, and sale prices have eased 6% over the last six months, though they remain 7% above a year ago. At the same time, sales volume is up 25% versus six months ago, and selling times have improved 16% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$824K
↑ 7% 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
8.6 months of supply
Ample Supply471 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 16% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 52% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Monarch Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
522,146 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $821K in value on average.
Largest increase: 2 → 3 bedrooms (+$993K)
Price Reductions
172 listings have reduced their price
37% of active listings
Average reduction: 6.1% (~$50K)
Monarch Area Market Overview
As a K-12 school, Monarch operates within the San Diego County Office of Education. It earns a Topfind School Score of 1. The homes shown here are near Monarch rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The Monarch area currently shows a median list price of $824,000. Compared with San Diego overall, that is a 3.1% premium. There are 471 homes currently listed for sale in the Monarch area. Over the last six months, the median price has risen about 1.4%, from $910,000 in February to $922,500 in July.
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Nearby Schools
Frequently Asked Questions about Homes near Monarch
How many homes are for sale in Monarch Area, CA?
There are currently 471 homes for sale in Monarch Area, ranging from $215,000 to $30,999,999. 38 of them hit the market within the last week.
What is the median home price in Monarch Area?
The median list price in Monarch Area is $824,000. Price per square foot averages $930. Prices are up 6.7% compared to a year ago.
How fast do homes sell in Monarch Area?
Homes in Monarch Area currently average 47 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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