Housing in Pacific Grove, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,450,000

Median List Price

$1,227,500

Price Per Sq Ft

$948

Days on Market

8

Active Inventory

25

Months of Supply

2.3

Seller's market

Zillow Home Value

$1,344,886

ZHVI — January 2026

Zillow Rent Index

$3,064

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.6%List Price 13.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

45.5%

Off Market in 2 Weeks

46.1%

Sale-to-List Ratio

101.0%

Seller's market

Sold Above Asking
45.5%
Under Contract in 2 Wks
46.1%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

11

New Listings

12

Pending Sales

13

Homes Sold 21.4%New Listings 20.0%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$948

Median List $/SF

$1,086

Sale $/SF 6.2%List $/SF 6.8%Mar 24Jan 26

Pacific Grove vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Pacific Grove 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

$1,129,400

Median Rent

$2,384

Total Housing Units

8,315

Vacancy Rate

16.0%

Owner Occupied

48.8%

Renter Occupied

51.2%

Median Property Tax

$6,614

per year

Monthly Cost (w/ Mortgage)

$2,318

Housing Types

Single Family
66.6%
Multi-Family
31.9%
Mobile Home
1.5%

The current median sale price in Pacific Grove, CA is $1,450,000 according to Redfin data. Homes spend a median of 8 days on the market. 45.5% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $948. Zillow's observed rent index is $3,064/month. About 48.8% of housing units are owner-occupied. The median year homes were built is 1957. There are 8,315 total housing units.