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Featured local agent — Monterey, MA
Sarah Mitchell
Compass Real Estate · Monterey, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Monterey, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$864,163median sale price
How is the Monterey, MA housing market right now?
The median home sale price in Monterey, MA is $864,163, down 19.4% year-over-year. Homes sell in an average of 27 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Monterey a buyer's or seller's market?
Monterey, MA is currently a buyer's market, based on 8.0 months of supply and homes selling in about 27 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
27
Average pace
Active listings
8
8.0 months supply
Sale-to-list
98.8%
Below asking
What does the Monterey housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $864,163 |
| Median list price | $1.50M |
| Year-over-year price change | -19.4% |
| Average days on market | 27 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $666/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 12.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Monterey by property type?
How the Monterey, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $864,163 | $666/sq ft | 1 | 27 days |
| Condo / Co-op | $360,000 | $383/sq ft | 1 | 52 days |
Source: Redfin · Updated monthly
The Monterey housing market is currently classified as a buyer's market with a median sale price of $864,163. Prices have fallen 19.4% compared to last year, with homes spending an average of 27 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Monterey
There are currently 8 homes listed for sale in Monterey, Massachusetts. The median listing price is $1.5M.
Active listings
8
Homes on market
Median list price
$1.5M
Avg. days on market
27
Days until sale
New this week
5
Newly listed
What are homes worth in Monterey?
Zillow home value
$744,020
Source: Zillow Research
Which cities are near Monterey, MA?
Want a head-to-head view? Compare Monterey side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Monterey?
The median home sale price in Monterey is $864,163, down 19.4% from last year.
How long do homes stay on market in Monterey?
Homes typically spend 27 days on market before going under contract.
Is Monterey a buyer's or seller's market?
With 8.0 months of supply, Monterey is currently a buyer's market.
What is the Zillow home value estimate for Monterey?
The Zillow Home Value Index (ZHVI) for Monterey is $744,020, representing the typical home value in the area.
What is the median condo price in Monterey?
The median condo/co-op sale price in Monterey, MA is $360,000, compared to $864,163 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Monterey?
The median single-family home price in Monterey, MA is $864,163 (about $666 per square foot).
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