60 homes in Monterey
Homes for Sale in Monterey, OH
About Monterey, OH Real Estate
Monterey is a historic coastal city known for Cannery Row, world-famous aquarium, and marine wildlife. Features John Steinbeck heritage and golf courses.
Today, Monterey has 60 homes for sale at a median price of $1,158,000, typically selling in about 80 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
Top Rated Schools in Monterey
Powered by the Topfind School Score
- 8La Mesaelementary
- 7Monte Vistaelementary
- 7Monterey Highhigh school
Why Live in Monterey?
- Monterey Aquarium
- Cannery Row
- Marine wildlife
- Golf courses
Monterey Market Pulse
Median Home Price
$1.07M
↓ 17.3% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.2 months of supply
Seller's MarketWith only 60 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~80 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 66% faster than 6 months ago.
Inventory Distribution
Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.
Housing Tenure in Monterey
Renting is more common here than statewide—this market has more rental inventory and transient residents.
38%
Homeowners
62%
Renters
Homeownership is 17.5% lower than the California average (55.5%)
12,420 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $440K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$1.6M)
Price Reductions
38 listings have reduced their price
63% of active listings
Average reduction: 7.6% (~$88K)
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