93924 — Monterey County, California Market Snapshot
Housing market data for zip code 93924 in Monterey County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
21 sales in 2026 (year to date)
Median Sale Price
$1,650,000
Days to Sell
27
Homes Sold
21
Inventory
30
Sale-to-List
97.2%
New Listings
35
Price/SqFt
$708
Pending Sales
21
Jumbo Loan Likely Needed
The median home in 93924 at $1,650,000 exceeds the 2026 conforming loan limit of $994,750 by $655,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 93924 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 93924 sells for 2.8% below asking price (97.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 93924 at $1,650,000 exceeds the 2026 conforming loan limit of $994,750 by $655,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 93924 are set at the county level.
2026 Loan Limits — Monterey County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $994,750 | $994,750 |
| 2 Units | $1,273,450 | $1,273,450 |
| 3 Units | $1,539,350 | $1,539,350 |
| 4 Units | $1,913,000 | $1,913,000 |
Affordability Snapshot — Zip 93924
To purchase the median home at $1,650,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $12,792.
Monthly Payment
$12,792
Income Required
$548,219
Principal & Interest
$10,167/mo
Down Payment (5%)
$82,500
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 93924.
Estimated Monthly Payment
$10,361
Jumbo loan required. Loan amount exceeds the $994,750 conforming limit for 93924.
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