Is Monterey Park, CA 91754 a buyer’s or seller’s market?

The Monterey Park housing market right now

In the three months ending August 31, 2026, 32% of homes in Monterey Park, CA 91754 sold above their list price, the typical home went under contract in 38 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (34 days then) and the median sale price rose 17% to $949,589. Overall, Monterey Park is less competitive than a year ago, which gives buyers more room.

Within Los Angeles County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in 61%. On our competition score, Monterey Park ranks #682 of 1,069 CA ZIP codes with enough sales (score 57 out of 100).

Nearby, buyers who want less competition could look at Mount Baldy 91759 (0% sold over asking) or Glendale 91210 (0% sold over asking), while Los Angeles 90057 (100% sold over asking) and Burbank 91502 (86% sold over asking) are even more competitive.