Cities with the fastest-growing home prices in the Salinas metro area

·Stacker

Konstantin L // Shutterstock
Konstantin L // Shutterstock

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 $369,678 in August, 1.3% 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.

You may also like: Salinas mid-year housing market review

#20. Big Sur, CA

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#20. Big Sur, CA

- 1-year price change: -$22,440 (-1.3%)
- 5-year price change: $-129,992 (-7.1%)
- Typical home value: $1,688,945 (#3 most expensive city in metro)

#19. Seaside, CA

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#19. Seaside, CA

- 1-year price change: -$8,843 (-1.1%)
- 5-year price change: +$85,500 (+12.2%)
- Typical home value: $788,874 (#11 most expensive city in metro)

#18. Carmel Valley, CA

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#18. Carmel Valley, CA

- 1-year price change: -$6,713 (-0.5%)
- 5-year price change: +$108,718 (+8.3%)
- Typical home value: $1,412,969 (#4 most expensive city in metro)

#17. Castroville, CA

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#17. Castroville, CA

- 1-year price change: -$4,651 (-0.7%)
- 5-year price change: +$22,044 (+3.4%)
- Typical home value: $675,080 (#14 most expensive city in metro)

#15. Marina, CA

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#15. Marina, CA

- 1-year price change: -$2,322 (-0.3%)
- 5-year price change: +$71,281 (+9.1%)
- Typical home value: $858,881 (#9 most expensive city in metro)

#14. Greenfield, CA

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#14. Greenfield, CA

- 1-year price change: +$3,053 (+0.6%)
- 5-year price change: +$74,253 (+15.6%)
- Typical home value: $548,970 (#19 most expensive city in metro)

#13. Moss Landing, CA

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#13. Moss Landing, CA

- 1-year price change: +$4,127 (+0.5%)
- 5-year price change: +$34,811 (+4.4%)
- Typical home value: $832,040 (#10 most expensive city in metro)

#12. Del Rey Oaks, CA

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#12. Del Rey Oaks, CA

- 1-year price change: +$7,237 (+0.8%)
- 5-year price change: +$124,432 (+16.5%)
- Typical home value: $877,755 (#8 most expensive city in metro)

#11. Monterey, CA

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#11. Monterey, CA

- 1-year price change: +$8,862 (+0.8%)
- 5-year price change: +$123,983 (+12.0%)
- Typical home value: $1,159,526 (#6 most expensive city in metro)

You may also like: Where people in Salinas are looking to buy homes

#10. Salinas, CA

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#10. Salinas, CA

- 1-year price change: +$10,322 (+1.4%)
- 5-year price change: +$106,725 (+16.6%)
- Typical home value: $748,418 (#12 most expensive city in metro)

#9. King City, CA

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#9. King City, CA

- 1-year price change: +$10,420 (+2.0%)
- 5-year price change: +$83,537 (+18.8%)
- Typical home value: $527,547 (#20 most expensive city in metro)

#8. San Miguel, CA

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#8. San Miguel, CA

- 1-year price change: +$11,801 (+2.0%)
- 5-year price change: +$98,584 (+19.1%)
- Typical home value: $615,994 (#18 most expensive city in metro)

#7. Gonzales, CA

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#7. Gonzales, CA

- 1-year price change: +$16,627 (+2.7%)
- 5-year price change: +$100,414 (+19.0%)
- Typical home value: $628,377 (#17 most expensive city in metro)

#5. Pacific Grove, CA

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#5. Pacific Grove, CA

- 1-year price change: +$21,105 (+1.6%)
- 5-year price change: +$192,894 (+16.5%)
- Typical home value: $1,364,030 (#5 most expensive city in metro)

#4. Aromas, CA

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#4. Aromas, CA

- 1-year price change: +$21,259 (+2.3%)
- 5-year price change: +$1,197 (+0.1%)
- Typical home value: $947,381 (#7 most expensive city in metro)

#3. Soledad, CA

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18 / 20

#3. Soledad, CA

- 1-year price change: +$23,653 (+3.8%)
- 5-year price change: +$101,225 (+18.8%)
- Typical home value: $638,732 (#16 most expensive city in metro)

#2. Carmel-by-the-Sea, CA

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#2. Carmel-by-the-Sea, CA

- 1-year price change: +$149,563 (+6.6%)
- 5-year price change: +$464,278 (+23.7%)
- Typical home value: $2,424,952 (#2 most expensive city in metro)