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 +20.2% YoY. inventory, −16.3% YoY, is the number to watch.
The median listing price is up 20.2% YoY while the median home got up 17.9% bigger, so value per square foot is up 5.3%.
U.S. Census ACS characteristics for ZIP 93908 itself, not its parent county.
Renters hold 18.2% of this ZIP's 4,385 occupied households, on a median household income of $156K.
| Measure | ZIP 93908 | Monterey County | Difference |
|---|---|---|---|
| Median Household Income | $156K | $97K | +$59K |
| Below Poverty Level | 5.0% | 12.7% | -7.7% |
| Median Age | 42.00 | 35.50 | +6.50 |
| Total Population | 12,450 | 437,613 | -- |
| Avg Household Size | 2.82 | 3.16 | -0.34 |
| Owner-Occupied | 81.8% | 52.1% | +29.7% |
| Worked From Home | 15.7% | 9.8% | +5.9% |
| Mean Commute | 27.50 | 25.40 | +2.10 |
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.