How much does it cost to buy a house in Monterey Park, CA?

In May 2026 Monterey Park homes were listed to buy for a median price of $889K, The median value of a home listed to buy in Monterey Park in May 2026 was $561 per sqft, which is a 5% decrease to April 2025 last month, and a 4% decrease to May 2025 last year.

Is it affordable or expensive to buy real estate in Monterey Park, CA?

It is expensive to buy a house in Monterey Park. Buying a home in Monterey Park is 2% more expensive compared with the national average.

Is it a good time to buy real estate in Monterey Park, CA?

Yes now is a good time to buy property in Monterey Park, in May 2026, homes in Monterey Park have decreased in value (price per sqft) by 4% in the last year compared with May 2025.

Is the Monterey Park, CA housing market slowing down?

In May 2026, homes for sale in Monterey Park spent a median of 49 days on the market, a same May 2025 last year.

What are the best and safest places to live in Monterey Park, CA?

The best and safest neighborhoods to live in Monterey Park in May 2026 are Bel Air, Hancock Park, Naples, Venice Canals, Mar Vista, Silver Lake, Hollywood Hills West, Hastings Ranch, Atwater Village, Larchmont, Baldwin Hills Estates, Bungalow Heaven, Bixby Knolls, Boyle Heights, Arts District, Montecito Heights, Downtown Los Angeles, Monterey Hills, Mount Washington, Leisure World

How much money should I make to buy a house in Monterey Park, CA?

In May 2026, Monterey Park homes were listed to buy for a median price of $889K, with 25% down you would need $4.77K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $163K.

Is it a good time to sell my house in Monterey Park, CA?

Yes now is a good time to sell your house in Monterey Park, in May 2026, homes in Monterey Park have decreased in value (price per sqft) by 4% in the last year compared with May 2025.