Explore Monterey Park
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Why Live in Monterey Park
Monterey Park, CA, is a small residential city located less than 7 miles from both Downtown LA and Pasadena. Known for its strong community, good schools, and regular cultural events, it provides a suburban lifestyle with easy access to LA’s arts and entertainment scene. Housing options range from mid-century homes to contemporary apartments, with prices varying based on style and size. The city is renowned for its East Asian shopping and dining, featuring popular spots like Jin Hai Pie House for Chinese street food and Dabin Kabob & Hotpot for communal dining. Monterey Park also boasts several Asian supermarkets for those who enjoy cooking at home. The city is home to East Los Angeles College, which includes the Vincent Price Art Museum and serves as the largest local employer. Annual festivals such as Cinco de Mayo, Lunar New Year, and Cherry Blossom Festivals bring the community together with music, performances, and street food. For outdoor activities, residents can visit well-maintained parks with walking trails, playgrounds, and athletic fields, or venture to Pasadena and Angeles National Forest for more rigorous exercise options. Schools in Monterey Park are highly rated, with Monterey Highlands Elementary offering a STEM-focused curriculum and Keppel High School receiving high marks. The city’s low crime risk compared to the national average adds to its appeal, making it a desirable place to live.
Home Prices in Monterey Park, CA
The median home sale price in Monterey Park, CA is $855,000, down 8% year-over-year. Homes in Monterey Park sell in 32 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$855,000
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Median Single Family Sale Price
$988,000
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Median Townhouse Sale Price
$989,950
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Median 2 Bedroom Sale Price
$700,000
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Median 1 Bedroom Sale Price
$400,000
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Average Price Per Sq Ft
$608
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Number of Homes for Sale
64
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Last 12 months Home Sales
285
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Months of Supply
2.70
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Median List Price
$875,000
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
-8%
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