The story of this market
The typical home in ZIP 93906 sells for about $707,000, or $504 per square foot.
Prices are down 3.4% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,416 a month.
ZIP 93906 — Salinas
The 93906 housing market is currently experiencing a cooling trend with a median sale price of $707,000, reflecting a 3.4% year-over-year decline. Sales volume remains constrained by limited inventory, and homes are spending longer on the market compared to previous periods. High interest rates and affordability challenges continue to drive buyer caution in this segment.
This ZIP is suitable for families and local workers seeking relatively more affordable housing options within the Salinas market compared to coastal areas.
Median prices moved down 3.4% year over year.
Homes spend a median of 68 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 91% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 14.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 93906, Monterey County CA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Monterey County, California) — Ad Valorem Property Tax: The base tax rate is 1% of the assessed value as mandated by California Proposition 13, plus voter-approved debt service levies for school districts and special districts.
Residents primarily commute via US-101 toward employment centers in Salinas and the Monterey Peninsula.
The area features local neighborhood parks and proximity to regional shopping centers along North Main Street.
The rental market is characterized by high demand and limited inventory, with significant pressure on affordability.
The economy is driven by agriculture, food processing, and regional retail services.
Served by local bus transit and major highway access via US-101.
Monterey County Assessor manages property valuations based on annual assessment cycles.
Parcels are subject to standard school and municipal utility district levies.
Property insurance premiums are influenced by regional wildfire and seismic risk factors.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Gilroy Gardens Family Theme Park4.519.6 mi
- Round1 Bowling & Arcade - Salinas4.11.2 mi
- Treasure Hunt: The Ride4.716.3 mi
- Chuck E. Cheese3.919.9 mi
- TAG Adventure Park4.814.9 mi
- Gilroy Gardens Family Theme Park4.519.6 mi
- WeatherTech Raceway Laguna Seca4.811.6 mi
- Mission San Juan Bautista4.710 mi
- The Quail4.617.9 mi
- Monterey County Fairgrounds4.415.4 mi
- WeatherTech Raceway Laguna Seca4.811.6 mi
- Mission San Juan Bautista4.710 mi
- Bayonet & Black Horse4.512.1 mi
- Marina State Beach4.69.6 mi
- Hollister Hills State Vehicular Recreation Area4.712.9 mi
- Old Fisherman's Wharf4.516.4 mi
- Mission San Juan Bautista4.710 mi
- Point Pinos Lighthouse (1855)4.617.5 mi
- National Steinbeck Center4.73.6 mi
- Cannery Row Antiques Mall4.516.4 mi
- Marina State Beach4.69.6 mi
- Hollister Hills State Vehicular Recreation Area4.712.9 mi
- Toro Park4.78.9 mi
- Fort Ord Dunes State Park4.611.1 mi
- Fremont Peak State Park4.67.9 mi
- Discovery Whale Watch4.916.4 mi
- Moss Landing Harbor District4.39.5 mi
- Breakwater Cove Marina4.616.3 mi
- Sail Monterey4.916.3 mi
- Municipal Wharf4.716.3 mi
- San Juan Oaks Golf Club4.511.5 mi
- Pajaro Valley Golf Club4.112.1 mi
- Salinas Fairways Golf Course4.24.1 mi
- Northridge Mall4.21.2 mi
- El Super41.2 mi
- Foods Co.4.23.9 mi
- 101 Red Barn4.28.8 mi
- Safeway4.14.8 mi
- Monterey Regional Airport4.415 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major commercial corridor serving the ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median rent ($29,650) sat outside the 0.25–4× band around Monterey County's retained level and was not stored.