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Monterey, CA Housing

 
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As of 2010-2014, median price of a house in Monterey is $615,900, which is much higher than the state average of $371,400 and is much higher than the national average of $175,700. The Monterey median house value has grown by 54.05% since 2000. The growth rate for the price of a house in Monterey is lower than the state average rate of 75.60% and is higher than the national average rate of 46.91%. The median year that a house in Monterey was built is 1968, which is older than the median year for a house built in the state which is 1974 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 4,263 Owner Occupied Houses in Monterey, CA, #192
Monterey, CA
615,900 USD
California
371,400 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #600
Monterey, CA
54.05%
California
75.60%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Monterey, CACaliforniaU.S.
Total Housing Units14,177, see rank, 100%13,781,929132,741,033
Occupied Housing Units12,527, 88.36%, see rank91.55%87.55%
Owner Occupied4,263, 30.07%, see rank50.13%56.34%
Renter Occupied8,264, 58.29%, see rank41.42%31.21%
Vacant Housing Units1,650, 11.64%, see rank8.45%12.45%
For Rent414, 2.92%, see rank2.00%2.34%
For Sale Only92, 0.65%, see rank0.83%1.20%
Rented or Sold, Not Occupied122, 0.86%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use666, 4.70%, see rank2.61%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant356, 2.51%, see rank2.21%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #993
Monterey, CACaliforniaU.S.
196819741976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Monterey, CA%CaliforniaU.S.
Owner-Occupied Units4,263100%6,908,92574,787,460
With a Mortgage2,75764.67%, see rank73.66%65.58%
Without a Mortgage1,50635.33%, see rank26.34%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Monterey, CA
2,141 USD
California
2,214 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMonterey, CA%CaliforniaU.S.
$299 or Less70.25%, see rank0.15%0.20%
$300 to $49900.00%, see rank0.75%1.59%
$500 to $699742.68%, see rank1.72%5.01%
$700 to $9991334.82%, see rank5.23%14.32%
$1,000 to $1,49954419.73%, see rank15.72%27.90%
$1,500 to $1,99951318.61%, see rank19.12%20.35%
$2,000 to $2,99968024.66%, see rank30.16%19.52%
$3,000 or More80629.23%, see rank27.14%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Monterey, CA
27.90% of the Total Income
California
28.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Monterey, CA%CaliforniaU.S.
10% or Less31811.53%, see rank4.28%5.86%
10% to 20%60621.98%, see rank22.58%31.95%
20% to 30%60621.98%, see rank27.14%27.64%
30% to 40%29710.77%, see rank16.99%13.74%
40% or More92833.66%, see rank28.35%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Monterey, CA
510 USD
California
493 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMonterey, CA%CaliforniaU.S.
$199 or Less161.06%, see rank7.54%7.76%
$200 to $29922414.87%, see rank12.68%14.70%
$300 to $49949232.67%, see rank30.95%34.63%
$500 to $69942928.49%, see rank21.93%21.16%
$700 or More34522.91%, see rank26.89%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Monterey, CA
10.00% of the Total Income
California
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Monterey, CA%CaliforniaU.S.
10% or Less76650.86%, see rank44.55%40.19%
10% to 20%28919.19%, see rank28.27%31.47%
20% to 30%22715.07%, see rank10.90%12.24%
30% to 40%926.11%, see rank5.32%5.64%
40% or More1187.84%, see rank9.62%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Monterey, CACaliforniaU.S.
Total Housing Units14,177, 100%13,781,929132,741,033
1-unit, Detached6,598, 46.54%, see rank58.17%61.65%
1-unit, Attached834, 5.88%, see rank6.97%5.82%
2 Units717, 5.06%, see rank2.54%3.75%
3 or 4 Units1,572, 11.09%, see rank5.54%4.43%
5 to 9 Units1,497, 10.56%, see rank6.12%4.78%
10 or More Units2,934, 20.70%, see rank16.79%13.08%
Mobile Home, Boat, RV, Van, etc.25, 0.18%, see rank3.88%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Monterey, CACaliforniaU.S.
Total Housing Units14,177, 100%13,781,929132,741,033
1 Room545, 3.84%, see rank3.13%1.95%
2 Rooms1,291, 9.11%, see rank3.93%2.48%
3 Rooms2,328, 16.42%, see rank12.05%9.13%
4 Rooms3,040, 21.44%, see rank19.24%16.60%
5 Rooms2,629, 18.54%, see rank20.56%20.41%
6 Rooms2,179, 15.37%, see rank16.99%18.06%
7 Rooms1,104, 7.79%, see rank11.06%12.27%
8 Rooms643, 4.54%, see rank6.58%8.48%
9 Rooms or More418, 2.95%, see rank6.46%10.60%
Median Rooms4.50, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Monterey, CACaliforniaU.S.
Total Housing Units14,177, 100%13,781,929132,741,033
No Bedroom595, 4.20%, see rank3.56%2.17%
1 Bedroom3,503, 24.71%, see rank14.11%11.16%
2 Bedrooms4,771, 33.65%, see rank28.01%26.69%
3 Bedrooms4,174, 29.44%, see rank33.46%39.70%
4 Bedrooms956, 6.74%, see rank16.55%16.05%
5 or More Bedrooms178, 1.26%, see rank4.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Monterey, CACaliforniaU.S.
Total Housing Units12,527, 100%12,617,280116,211,092
Utility Gas8,668, 69.19%, see rank65.57%48.85%
Bottled, Tank, or LP Gas104, 0.83%, see rank3.16%4.86%
Electricity3,487, 27.84%, see rank25.76%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.27%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood75, 0.60%, see rank1.73%2.12%
Solar Energy0, 0.00%, see rank0.14%0.05%
Other Fuel0, 0.00%, see rank0.35%0.47%
No Fuel Used193, 1.54%, see rank3.02%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMonterey, CACaliforniaU.S.
Occupied Units Paying Rent8,108, 100%5,526,56039,201,928
$199 or Less22, 0.27%, see rank0.65%1.50%
$200 to $29995, 1.17%, see rank2.00%3.18%
$300 to $499101, 1.25%, see rank3.28%7.37%
$500 to $699118, 1.46%, see rank6.23%16.01%
$700 to $9991,127, 13.90%, see rank19.65%29.17%
$1,000 to $1,4993,089, 38.10%, see rank34.37%26.88%
$1,500 to $1,9991,532, 18.89%, see rank19.29%9.79%
$2,000 or More2,024, 24.96%, see rank14.52%6.10%
Median$1,423, see rank$1,243$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Monterey, CACaliforniaU.S.
Occupied Housing Units12,527, 100%12,617,280116,211,092
No Vehicles Available823, 6.57%, see rank7.81%9.12%
1 Vehicles Available5,623, 44.89%, see rank32.17%33.80%
2 Vehicles Available4,393, 35.07%, see rank37.49%37.48%
3 or More Vehicles Available1,688, 13.47%, see rank22.54%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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