Monterey city: Median Home Value Trend
How Monterey city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$696,200
2023
$1,003,300
Total change
+$307,100
% change
+44.1%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $696,200 | — |
| 2019 | $782,500 | +$86,300 (12.4%) |
| 2020 | $813,600 | +$31,100 (4%) |
| 2021 | $834,700 | +$21,100 (2.6%) |
| 2022 | $929,400 | +$94,700 (11.3%) |
| 2023 | $1,003,300 | +$73,900 (8%) |