dynamic.RE
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −2.3% YoY. inventory, −20.8% YoY, is the number to watch.
The median listing price is down 2.3% YoY while the median home got down 9.1% bigger, so value per square foot is down 1.8%.
U.S. Census ACS characteristics for ZIP 93906 itself, not its parent county.
Renters hold 45.7% of this ZIP's 17,842 occupied households, on a median household income of $98K.
| Measure | ZIP 93906 | Monterey County | Difference |
|---|---|---|---|
| Median Household Income | $98K | $97K | +$325 |
| Below Poverty Level | 9.9% | 12.7% | -2.8% |
| Median Age | 33.60 | 35.50 | -1.90 |
| Total Population | 64,199 | 437,613 | -- |
| Avg Household Size | 3.53 | 3.16 | +0.37 |
| Owner-Occupied | 54.3% | 52.1% | +2.3% |
| Worked From Home | 5.3% | 9.8% | -4.5% |
| Mean Commute | 28.00 | 25.40 | +2.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.4% to 437,613: residents under 18 are down 0.8% and those 65 and over are up 2.9%.
County median household income is $97K, 12.7% of residents are below the poverty level, 9.8% work from home.