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Del Monte Forest, CA—93953

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$2,856,000
4.1% YoY Growth
Household Income
$155,000
11.7% YoY Growth
Days on Market
68
1.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$5,000
5.6% YoY Growth
1-Bed Rent
$2,950
0.0% YoY Growth
2-Bed Rent
$4,000
4.9% YoY Growth
3-Bed Rent
$5,750
14.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Del Monte Forest, CA

As of May '26, the median home price in Del Monte Forest, CA is $2,856,000, with a year-over-year change of 4.1%. This indicates that home prices in Del Monte Forest, CA are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$2,856,0004.1%
Single Family $2,931,0004.6%
Condos $1,156,0003.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$1,466,0005.0%
    3 Bed
    		$2,445,0004.2%
    4 Bed
    		$3,773,0005.5%
    5 Bed $8,623,7289.4%
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    0.7%
    2 Bedrooms
    5.6%
    3 Bedrooms
    55.1%
    4 Bedrooms
    30.7%
    5+ Bedrooms
    7.0%

    Rental Trends — Del Monte Forest, CA

    As of July '25, Rentcast reports the average rent in Del Monte Forest, CA is $5,260, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Del Monte Forest, CA is studios: $2,950, 1-bedrooms: $2,950, 2-bedrooms: $4,490, 3-bedrooms: $6,410, 4-bedrooms: $5,700. The most common rental property sizes in Del Monte Forest, CA are 3-bedroom and 4-bedroom, accounting for 79.0% and 16.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$5,000$5,260
    Studio Rent $2,950$2,950
    1 Bed Rent $2,950$2,950
    2 Bed Rent $4,000$4,490
    3 Bed Rent $5,750$6,410
    4 Bed Rent $5,700$5,700
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    % of Rental Stock

    2 Bedrooms
    4.4%
    3 Bedrooms
    79.0%
    4 Bedrooms
    16.5%

    Property Listings — Del Monte Forest, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Del Monte Forest, CA is 68. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$3,550,0005.0%
    Listing Count
    		5010.0%
    Listings as % of Homes0.7%10.0%
    Days on Market
    		68-1.0%
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    Demographics — Del Monte Forest, CA

    As of the latest ACS Survey released in 2023, Del Monte Forest, CA has a population of 3,580, which has decreased by -13.1% over the past 5 years. Del Monte Forest, CA is a less popular place for families, as children make up 10.4% of the population. The area has a highly educated workforce, with 70.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,580-13.1%
    % Under 18
    		10.4%-10.3%
    % Seniors
    		43.3%5.6%
    % WFH
    		28.5%383.1%
    % w/ College Degree
    		70.5%10.5%
    Loading chart...

    As of the latest ACS Survey released in 2023, Del Monte Forest, CA is a predominantly white area, with 84.3% of the population identifying as white. The white population has grown by 11.8% in the last 5 years. The second most common race or ethnicity in Del Monte Forest, CA is asian, making up 8.6% of the population. Foreign-born residents account for 11.2% of the population in Del Monte Forest, CA, and this percentage has decreased by 46.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		84.3%11.8%
    % Black
    		0.0%-100.0%
    % Hispanic
    		3.6%-55.0%
    % Asian
    		8.6%-39.4%
    % Foreign Born
    		11.2%-46.4%
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    Mortgage and Risk — Del Monte Forest, CA

    According to HUD data as of 2023, there were 66 mortgage originations in Del Monte Forest, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Del Monte Forest, CA. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		66
    % Conventional Loans
    		98.0%
    % Government Loans
    		2.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		33.0%
    % Cash Out Refinance
    		15.0%
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    Rentals and Section 8 — Del Monte Forest, CA

    As of 2024, the percent of homes in Del Monte Forest, CA under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Del Monte Forest, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		4
    Total Units Section 8
    		4
    % Rentals under Section 8
    		1.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$250$2,950$3,200
    2 Bedroom-$110$4,000$3,890
    3 Bedroom-$350$5,750$5,400
    4 Bedroom$240$5,700$5,940

    Affordability — Del Monte Forest, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio16.4
    Median Home Price$2,856,000
    Median Household Income$155,000

    Del Monte Forest, CA — ZIP Code Boundary Map

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    Frequently Asked Questions