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Old Monterey Home Prices vs. Nearby Monterey, CA Neighborhoods

Old Monterey New Monterey Old Town East Monterey
Median Home Price
$1,125,000
$1,175,000
$1,395,000
$809,500
Median Sale Price
$1,087,150
$1,150,000
+4% YoY
$1,322,500
+14% YoY
$833,500
-27% YoY
Median Single Family Price
$1,087,150
$1,105,000
$1,322,500
$1,214,000
Median Condo Price
--
$1,252,500
$745,713
$538,250
Total Active Listings
0
10
2
6
Market Conditions
0 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Old Monterey a good place to live?
Old Monterey is a good place to live. Old Monterey is considered very walkable and very bikeable with good transit options. Old Monterey is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Old Monterey has 6 parks for recreational activities. It is fairly sparse in population with 3.0 people per acre and a median age of 42. The average household income is $69,533 which is below the national average. College graduates make up 43.5% of residents. A majority of residents in Old Monterey are renters, with 93% of residents renting and 7% of residents owning their home. A local real estate agent serving Old Monterey can help you decide if this neighborhood is the right one for you. Learn more on our Old Monterey neighborhood guide.
Is Old Monterey, CA a safe neighborhood?
Old Monterey, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Old Monterey?
The median home price in Old Monterey is $1,125,000. If you put a 20% down payment of $225,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $5,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $243K a year to afford the median home price in Old Monterey. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Old Monterey is $70K.
What are the best public schools in Old Monterey?
The best public schools that serve Old Monterey are:
What are the best private schools in Old Monterey?
The best private schools that serve Old Monterey are:
  • Santa Catalina School has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.4.
  • San Carlos School has an A Niche grade, a student teacher ratio of 13:1 and an average review score of 4.7.
  • Trinity Christian School has a B+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.1.
What are the most popular zip codes in Old Monterey, Monterey, CA?
The most popular zip codes in Old Monterey, Monterey, CA include 93940, 93950, 93923, 93953 and 93955.
What are the most popular neighborhoods near Old Monterey, Monterey, CA?
The most popular neighborhoods near Old Monterey, Monterey, CA are East Monterey, Monterey Vista, New Monterey, Skyline Forest and Del Monte Beach.
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