93953 — Monterey County, California Market Snapshot
Housing market data for zip code 93953 in Monterey County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
19 sales in 2026 (year to date)
Median Sale Price
$2,650,000
Days to Sell
22
Homes Sold
19
Inventory
24
Sale-to-List
98.4%
New Listings
27
Price/SqFt
$1,126
Pending Sales
23
Jumbo Loan Likely Needed
The median home in 93953 at $2,650,000 exceeds the 2026 conforming loan limit of $994,750 by $1,655,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
Homes in 93953 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 93953 (98.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 93953 at $2,650,000 exceeds the 2026 conforming loan limit of $994,750 by $1,655,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 93953 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 93953
To purchase the median home at $2,650,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $20,453.
Monthly Payment
$20,453
Income Required
$876,577
Principal & Interest
$16,328/mo
Down Payment (5%)
$132,500
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 93953.
Estimated Monthly Payment
$16,550
Jumbo loan required. Loan amount exceeds the $994,750 conforming limit for 93953.
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