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Homes for Sale Under 450K in Monterey, CA

133 Homes for Sale

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Photo 1 of Single family home for sale at 251 E Romie Ln, Salinas, CA 93901 | MLS# 41149729 | Listing updated on 2026-11-03

$399,000

Views: 18

Bedrooms: 2Bds

Bathrooms: 1Ba

Area: 862sqft

Single family home for sale

251 E Romie Ln, Salinas, CA 93901

Bridges 8 Real Property Sales & Management Inc

Showing 1 - 42 of 133 homes for sale in Monterey, CA

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Monterey, CA Housing Market Overview

Monterey is a balanced market, giving buyers and sellers room to negotiate. With 2.5 months of supply and homes averaging 62 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

62

Inventory

50

Oct 2021Jul 2024Oct 2026

Median Home Price

$1,100,000Down 12.00%

In Oct 2026 · YoY

Oct 2021Sep 2024Oct 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
50 Down 19.35%
Newly Listed Homes
63 Down 10.00%
Months of Supply
2.5 Down 44.44%

Housing Demand

Homes Sold
60 Up 46.34%
Sale-to-List Ratio
98.8% Up 1.63%
Homes Sold Above List
23.5% Up 59.96%

30-yr fixed rate 7.18% · Data as of Oct 2026 · Source: Houzeo Research.

View Full Monterey Market Report
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  • mls-imgIDX Logo

    Based on information from California Regional Multiple Listing Service, Inc. as of Nov 8, 2026, 7:45 AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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Homes Available icon

133

Homes Available

Median List Price icon

$ 1,100,000

Median List Price

Avg on Market icon

62 Days

Avg on Market