Zip 91755 (Monterey Park, CA) Housing

Housing in 91755 Monterey Park, CA is significantly more expensive than the U.S. median value, with a median value of $811,600 compared to the U.S. median of $338,100. In addition, houses in Monterey Park have experienced a higher appreciation rate over the past year than the average nationwide, with an appreciation rate of 9.53%, compared to 8.27% nationwide. This shows that housing in Monterey Park is desirable and lucrative for potential buyers looking for a high return on their investment.

The median home cost in Monterey Park (zip 91755) is $811,600. Home appreciation the last 10 years has been 130.1%. Home Appreciation in Monterey Park (zip 91755) is up 17.2%.

Average Age of Homes

- The median age of Monterey Park (zip 91755) real estate is 50 years old

The Rental Market in Monterey Park (zip 91755)

- Renters make up 47.9% of the Monterey Park (zip 91755) population
- 0.7% of houses and apartments in Monterey Park (zip 91755), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Monterey Park, California	United States
	9,120.0	139,647,020.0
	53	42
	$811,600	$338,100
	17.2%	16.6%
	52.3%	57.0%
	130.1%	101.1%
	$6.98	$10.98
	$4,465	$2,690
	43.4%	57.4%
	5.7%	11.2%
	51.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.0%	2.4%
	1.2%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.5%	13.0%
	1.0%	20.1%
	4.9%	13.6%
	9.4%	8.3%
	54.4%	9.7%
	21.8%	3.9%
	3.9%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.7%	13.6%
	6.7%	13.6%
	7.7%	13.6%
	11.2%	13.2%
	19.6%	14.8%
	7.7%	13.6%
	22.2%	10.0%
	10.9%	4.7%
	6.6%	12.2%

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