Housing in Monterey Park, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$691,250
Median List Price
$892,000
Price Per Sq Ft
$564
Days on Market
67
Active Inventory
85
Months of Supply
4.7
Balanced market
Zillow Home Value
$907,485
ZHVI — January 2026
Zillow Rent Index
$2,600
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
27.8%
Off Market in 2 Weeks
30.0%
Sale-to-List Ratio
99.9%
Buyer's market
Market Activity
Source: RedfinHomes Sold
18
New Listings
36
Pending Sales
20
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$564
Median List $/SF
$602
Monterey Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Monterey Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$818,300
Median Rent
$1,845
Total Housing Units
22,081
Vacancy Rate
6.1%
Owner Occupied
51.9%
Renter Occupied
48.1%
Median Property Tax
$5,602
per year
Monthly Cost (w/ Mortgage)
$1,584
Housing Types
The current median sale price in Monterey Park, CA is $691,250 according to Redfin data. Homes spend a median of 67 days on the market. 27.8% of homes sold above asking price. The market has 4.7 months of supply. The median price per square foot is $564. Zillow's observed rent index is $2,600/month. About 51.9% of housing units are owner-occupied. The median year homes were built is 1963. There are 22,081 total housing units.