$2,480,000
- 8 Beds
- 3,737 Sq Ft
618 Forest Ave, Pacific Grove, CA 93950
Leo Zhang
4
Pacific Grove, CA Multifamily Homes & Duplexes for Sale
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618 Forest Ave, Pacific Grove, CA 93950
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$1,672,500
- 4 Beds
- 3 Baths
- 1,737 Sq Ft
608 Congress Ave, Pacific Grove, CA 93950
608 Congress Ave, Pacific Grove, CA 93950Nate Randall Sotheby’s International Realty
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$1,549,000
- 6 Beds
- 2 Baths
- 2,004 Sq Ft
609 Congress Ave, Pacific Grove, CA 93950
609 Congress Ave, Pacific Grove, CA 93950Hap Albers Albers Real Estate Investment Company
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$1,800,000
- 8 Beds
- 4 Baths
- 3,436 Sq Ft
830 Parcel St, Monterey, CA 93940
830 Parcel St, Monterey, CA 93940The C Group Real Brokerage Technologies
Why Live in Pacific Grove
Pacific Grove, CA, known as Butterfly Town, USA, is a coastal community in Monterey County that hosts the Monarch Butterfly Sanctuary, attracting thousands of butterflies and eco-tourists from October to February. The town features a mix of Victorian, Colonial Revival, mid-century, Craftsman, and Mediterranean-inspired homes, with a median sales price significantly higher than the rest of Monterey County. Residents enjoy scenic spots like Asilomar State Beach, Lovers Point Park, and George Washington Park. Indoor attractions include the Pacific Grove Museum of Natural History and the Monterey Bay Aquarium. The Point Pinos Lighthouse, the oldest continually operating lighthouse on the Pacific, is another notable attraction. Pacific Grove's highly rated schools include Robert Down Elementary School, Pacific Grove Middle School, and Pacific Grove High School. The town's food scene is vibrant, with popular dining spots like International Cuisine, Passionfish, and Beach House Restaurant and Bar at Lover’s Point. For shopping, residents frequent Grove Market, Trader Joe's, and local boutiques like Marita's Boutique and Aurelia's Boutique PG. Pacific Grove boasts a crime rate 63% lower than the national average, contributing to its peaceful environment. Healthcare needs are met by the Monterey Peninsula Community Hospital, located less than 5 miles away. The Monterey-Salinas Transit bus system provides convenient transportation within the town and to nearby areas.
Home Trends in Pacific Grove, CA
On average, homes in Pacific Grove, CA sell after 40 days on the market compared to the national average of 51 days. The median sale price for homes in Pacific Grove, CA over the last 12 months is $1,452,000, down 3% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$1,452,000
Median Single Family Sale Price
$1,470,000
Median Townhouse Sale Price
$1,619,500
Median 2 Bedroom Sale Price
$1,125,000
Median 1 Bedroom Sale Price
$885,000
Average Price Per Sq Ft
$1,117
Number of Homes for Sale
40
Last 12 months Home Sales
261
Months of Supply
1.80
Median List Price
$1,499,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
In Pacific Grove, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,549,000 to $2,480,000, there's a range to accomodate every budget. As of July, 2025 the median home price in Pacific Grove is $1,499,000, while the average sale price is $1,662,829, offering insights into the local housing market. On average, multi-family homes spend 40 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Pacific Grove, CA.
Pacific Grove Types of Homes for Sale
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