93906 — Monterey County, California Market Snapshot
Housing market data for zip code 93906 in Monterey County, California. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 5 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Monterey County county page for broader data.
Market Sales Data
5 sales in 2026 (year to date)
Median Sale Price
$315,000
Days to Sell
27
Homes Sold
5
Inventory
2
Conforming Loan Available
Most homebuyers in 93906 can comfortably use conventional financing. The median home price of $315,000 is well below the 2026 conforming loan limit of $994,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 93906 are moving quickly at 27 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Conforming Loan Feasibility
Most homebuyers in 93906 can comfortably use conventional financing. The median home price of $315,000 is well below the 2026 conforming loan limit of $994,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 93906 are set at the county level.
2026 Loan Limits — Monterey County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $994,750 | $994,750 |
| 2 Units | $1,273,450 | $1,273,450 |
| 3 Units | $1,539,350 | $1,539,350 |
| 4 Units | $1,913,000 | $1,913,000 |
Affordability Snapshot — Zip 93906
To purchase the median home at $315,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,563.
Monthly Payment
$2,563
Income Required
$109,861
Principal & Interest
$1,941/mo
Down Payment (5%)
$15,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 93906.
Estimated Monthly Payment
$2,099
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