Cities with the fastest-growing home prices in the Salinas metro area
Cities with the fastest-growing home prices in the Salinas metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the Salinas, CA metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#20. Big Sur, CA
- 1-year price change: -$89,323 (-3.9%)
- 5-year price change: +$285,142 (+14.8%)
- Typical home value: $2,214,520 (#2 most expensive city in metro)
#19. Bradley, CA
- 1-year price change: -$4,948 (-0.8%)
- 5-year price change: +$143,598 (+31.1%)
- Typical home value: $605,271 (#16 most expensive city in metro)
#18. Aromas, CA
- 1-year price change: +$133 (+0.0%)
- 5-year price change: +$192,421 (+26.1%)
- Typical home value: $930,676 (#7 most expensive city in metro)
#17. Monterey, CA
- 1-year price change: +$4,583 (+0.4%)
- 5-year price change: +$346,406 (+43.5%)
- Typical home value: $1,143,297 (#6 most expensive city in metro)
#16. Pacific Grove, CA
- 1-year price change: +$9,784 (+0.7%)
- 5-year price change: +$438,398 (+48.1%)
- Typical home value: $1,350,236 (#5 most expensive city in metro)
#15. Castroville, CA
- 1-year price change: +$11,777 (+1.8%)
- 5-year price change: +$161,697 (+32.5%)
- Typical home value: $659,526 (#14 most expensive city in metro)
#14. San Miguel, CA
- 1-year price change: +$12,670 (+2.3%)
- 5-year price change: +$160,709 (+39.4%)
- Typical home value: $568,476 (#18 most expensive city in metro)
#13. Chualar, CA
- 1-year price change: +$13,573 (+1.9%)
- 5-year price change: +$208,277 (+38.7%)
- Typical home value: $746,026 (#12 most expensive city in metro)
#12. King City, CA
- 1-year price change: +$14,730 (+3.0%)
- 5-year price change: +$174,546 (+53.2%)
- Typical home value: $502,862 (#20 most expensive city in metro)
#11. Soledad, CA
- 1-year price change: +$16,164 (+2.8%)
- 5-year price change: +$199,595 (+49.4%)
- Typical home value: $603,297 (#17 most expensive city in metro)
#10. Greenfield, CA
- 1-year price change: +$16,637 (+3.3%)
- 5-year price change: +$176,687 (+51.5%)
- Typical home value: $519,736 (#19 most expensive city in metro)
#9. Moss Landing, CA
- 1-year price change: +$17,383 (+2.0%)
- 5-year price change: +$230,391 (+35.8%)
- Typical home value: $873,255 (#9 most expensive city in metro)
#8. Carmel Valley, CA
- 1-year price change: +$18,349 (+1.3%)
- 5-year price change: +$424,169 (+42.3%)
- Typical home value: $1,427,254 (#4 most expensive city in metro)
#7. Gonzales, CA
- 1-year price change: +$19,431 (+3.3%)
- 5-year price change: +$196,600 (+48.0%)
- Typical home value: $605,931 (#15 most expensive city in metro)
#6. Marina, CA
- 1-year price change: +$21,332 (+2.5%)
- 5-year price change: +$254,220 (+41.2%)
- Typical home value: $871,135 (#10 most expensive city in metro)
#5. Carmel-by-the-Sea, CA
- 1-year price change: +$23,211 (+1.1%)
- 5-year price change: +$758,009 (+53.7%)
- Typical home value: $2,169,737 (#3 most expensive city in metro)
#4. Del Monte Forest, CA
- 1-year price change: +$27,840 (+1.0%)
- 5-year price change: +$991,806 (+58.4%)
- Typical home value: $2,689,093 (#1 most expensive city in metro)
#3. Salinas, CA
- 1-year price change: +$30,001 (+4.3%)
- 5-year price change: +$234,069 (+47.8%)
- Typical home value: $723,833 (#13 most expensive city in metro)
#2. Seaside, CA
- 1-year price change: +$30,184 (+4.0%)
- 5-year price change: +$244,870 (+45.2%)
- Typical home value: $786,771 (#11 most expensive city in metro)
#1. Del Rey Oaks, CA
- 1-year price change: +$38,918 (+4.5%)
- 5-year price change: +$278,721 (+44.9%)
- Typical home value: $899,058 (#8 most expensive city in metro)