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Pacific Grove, CA

Full City Profile · California · Monterey County County

3.0 /5.0
B Good
15,003 Population 5,228/sq mi density
$105,568 Median Income $66,784 per capita
$1,129,400 Home Value $1,369,799 Zillow
$2,384 Median Rent 33.2% income on rent
57°F Avg Temperature 323 sunny days/yr
90 Violent Crime/100K 1,083 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$105,568 median income, 3.0% unemployment
F
Affordability
1.0 / 5.0
$1,129,400 home value, $2,384/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
A+
Education
5.0 / 5.0
58.5% bachelor's degree or higher

Housing Overview

Median Home Value
$1,129,400
301% above
US avg: $281,900
Median Rent
$2,384/mo
105% above
US avg: $1,163/mo
Homeownership Rate
48.8%
25% below US avg (65.4%)
Total Housing Units
8,334
Median year built: 1958

Home Value by Source

Census Median
$1,129,400
Zillow (ZHVI)
$1,369,799
Median Sale Price
$1,252,500
Median List Price
$1,662,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

48.8%
Owner-Occupied
51.2%
Renter-Occupied
49%
51%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $2,384/mo · Zillow rent: $3,060/mo

Market Indicators (Redfin)

Median Days on Market
15 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
35.5%
of listings with price reduction
Price Per Sq Ft
$955
Active Inventory
31
homes for sale

Affordability & Housing Stock

Rent Burden
33.2%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
48.8%

Complete Housing Data

Home Values

Census Median Value$1,129,400
Zillow Home Value (ZHVI)$1,369,799
Median Sale Price$1,252,500
Median List Price$1,662,500
Price Per Sq Ft$955

Rent

Census Median Rent$2,384
Zillow Rent (ZORI)$3,060
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market15
Sale-to-List Ratio1.0%
Price Drops35.5%
Homes Sold8
Active Inventory31
Price Per Sq Ft$955

Ownership & Stock

Owner-Occupied48.8%
Renter-Occupied51.2%
Homeownership Rate48.8%
Total Housing Units8,334
Median Year Built1958
Rent Burden33.2%