El Monte, CA—91731
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in El Monte, CA
Home Price Trends — El Monte, CA
As of Oct '25, the median home price in El Monte, CA is $756,000, with a year-over-year change of -0.4%. This indicates that home prices in El Monte, CA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $756,000 | -0.4% |
| Single Family | $767,000 | -0.6% |
| Condos | $581,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $539,000 | 1.9% |
2 Bed | $667,000 | 0.6% |
3 Bed | $763,000 | -0.8% |
4 Bed | $857,000 | 0.2% |
| 5 Bed | $978,000 | -0.4% |
% of Housing Stock
Rental Trends — El Monte, CA
As of July '25, Rentcast reports the average rent in El Monte, CA is $2,600, with a year-over-year rent change of 4.0%. Per bedroom, the median rent as of July '25 in El Monte, CA is studios: $2,210, 1-bedrooms: $2,210, 2-bedrooms: $3,030, 3-bedrooms: $3,320. The most common rental property sizes in El Monte, CA are 2-bedroom and 1-bedroom, accounting for 39.6% and 31.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,600 |
| Studio Rent | $2,300 | $2,210 |
| 1 Bed Rent | $2,430 | $2,210 |
| 2 Bed Rent | $3,200 | $3,030 |
| 3 Bed Rent | $3,000 | $3,320 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — El Monte, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in El Monte, CA is 68. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $798,000 | 8.0% |
Listing Count | 15 | 18.0% |
| Listings as % of Homes | 0.1% | 18.0% |
Days on Market | 68 | 26.0% |
Demographics — El Monte, CA
As of the latest ACS Survey released in 2023, El Monte, CA has a population of 28,100, which has decreased by -6.7% over the past 5 years. El Monte, CA is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 15.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 28,100 | -6.7% |
% Under 18 | 24.2% | 1.7% |
% Seniors | 16.6% | 11.4% |
% WFH | 7.7% | 185.2% |
% w/ College Degree | 15.2% | 47.6% |
As of the latest ACS Survey released in 2023, El Monte, CA is a predominantly hispanic area, with 65.0% of the population identifying as hispanic. The hispanic population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in El Monte, CA is asian, making up 28.5% of the population. Foreign-born residents account for 46.6% of the population in El Monte, CA, and this percentage has decreased by 7.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.5% | 2.3% |
% Black | 0.4% | 0.0% |
% Hispanic | 65.0% | -0.8% |
% Asian | 28.5% | 1.8% |
% Foreign Born | 46.6% | -7.4% |
Mortgage and Risk — El Monte, CA
According to HUD data as of 2023, there were 89 mortgage originations in El Monte, CA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in El Monte, CA. Investor activity is low, as 6.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 89 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — El Monte, CA
El Monte, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 563 |
Total Units Section 8 | 494 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$620 | $2,430 | $1,810 |
| 2 Bedroom | -$910 | $3,200 | $2,290 |
| 3 Bedroom | -$60 | $3,000 | $2,940 |
| 4 Bedroom | N/A | N/A | $3,240 |
Affordability — El Monte, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.6 |
| Median Home Price | $756,000 |
| Median Household Income | $60,900 |