Market Summary

Fourth Addition, Monterey County, CA

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Median Home Price Price

$1,303,900 $1.3M

Median Monthly Rent Rent

$2,760 $2.8K

GRM

39.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monterey County

Region Price Rent GRM Display
$1,198,516 $2,834 35.0x
$1,422,718 $2,774 42.0x
$1,319,251 $2,933 37.0x
$1,114,599 $2,759 33.0x
$1,139,468 $2,775 34.0x
$1,238,647 $2,912 35.0x
$1,264,328 $2,875 37.0x
$1,630,790 $3,498 39.0x
$856,191 $2,800 25.0x
$1,433,775 $2,893 41.0x
$1,388,109 $3,548 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Monterey County

Region Price Rent GRM Display
$2,014,413 $2,597 65.0x
$1,022,065 $2,672 32.0x
$1,951,035 $2,811 58.0x
$859,413 $2,448 29.0x
$1,727,632 $3,128 46.0x
$1,573,378 $2,397 55.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$1,363,649 $2,464 46.0x
$2,216,564 $2,558 72.0x
$1,031,976 $1,716 50.0x
$670,991 $1,406 40.0x
$1,167,071 $2,315 42.0x
$1,265,533 $2,599 40.0x
$594,341 $2,442 20.0x
$1,101,047 $2,098 44.0x
$1,424,363 $2,034 58.0x
$1,020,427 $2,510 34.0x
$371,318 $2,440 13.0x
$980,956 $1,980 41.0x

Home prices

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Monthly rent

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GRM

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Fourth Addition

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Trend Insights

Median Rent in Fourth Addition, CA is $2,760, with MoM change +$19 and YoY change +$111 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Fourth Addition, CA.

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Metric
Base market Fourth Addition, CA
Compare market Select a market
Delta vs base
Median rent
$2,760
N/A
Median price
$1,303,900
N/A
YoY change
+$111
N/A
Price-to-rent
39.4x
Data unavailable
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