The story of this market
The typical home in ZIP 93943 sells for about $880,000, or $686 per square foot.
Prices are down 9.79% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $2,900 a month.
This ZIP has no home sales of its own, so its market figures come from Monterey County, California (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 93943 — Monterey
The 93943 market remains a high-value, low-inventory luxury enclave with stable price growth. While sales volume is modest, the premium nature of the properties continues to support high price-per-square-foot metrics despite broader economic fluctuations.
This ZIP is primarily for ultra-high-net-worth individuals, luxury second-home buyers, and retirees seeking exclusive coastal living and world-class golf amenities.
Median prices moved down 9.8% year over year.
Homes spend a median of 53 days on market with 3.8 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 3.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 93943, Monterey County CA
The area faces significant wildfire risk due to its forested coastal location, which influences high property insurance premiums and availability.
Economic momentum is driven by high-end tourism, golf, and luxury real estate development within the Del Monte Forest.
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%).
Commutes are primarily car-dependent, with access to the Monterey Peninsula employment core via Highway 1.
The area is world-renowned for its golf courses, including Pebble Beach Golf Links, and offers extensive coastal trails and beach access.
The rental market is characterized by high-end, low-inventory luxury properties with significant demand for short-term vacation rentals.
The economy is heavily anchored by the hospitality, tourism, and luxury real estate sectors.
Transportation is limited to private vehicle use with no significant public transit infrastructure.
Development is strictly limited by the Del Monte Forest Land Use Plan and conservation easements.
Parcels are subject to various special assessments for fire protection and utility services within the private community.
High wildfire risk has led to increased premiums and limited availability of standard homeowner insurance policies.
Data retrieved from data.census.gov 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.
- Round1 Bowling & Arcade - Salinas4.114.6 mi
- Treasure Hunt: The Ride4.72 mi
- Chuck E. Cheese413.8 mi
- WeatherTech Raceway Laguna Seca4.86.6 mi
- The Quail4.64.6 mi
- Monterey County Fairgrounds4.40.6 mi
- Folktale Winery & Vineyards4.55.5 mi
- Earthbound Farm Stand4.54.6 mi
- Monterey Bay Aquarium4.62.2 mi
- Point Lobos State Natural Reserve4.86.7 mi
- Old Fisherman's Wharf4.51.2 mi
- Pebble Beach Golf Links4.84.6 mi
- WeatherTech Raceway Laguna Seca4.86.6 mi
- Old Fisherman's Wharf4.51.2 mi
- Carmel Mission Basilica4.64.5 mi
- Point Pinos Lighthouse (1855)4.64.2 mi
- National Steinbeck Center4.713.3 mi
- Cannery Row Antiques Mall4.51.8 mi
- Point Lobos State Natural Reserve4.86.7 mi
- Pebble Beach Golf Links4.84.6 mi
- Calla Lily Valley4.712.3 mi
- Asilomar State Beach4.84 mi
- Lovers Point Park4.83.1 mi
- Discovery Whale Watch4.91.2 mi
- Moss Landing Harbor District4.315 mi
- Breakwater Cove Marina4.61.4 mi
- Sail Monterey4.91.1 mi
- Municipal Wharf4.71 mi
- Pebble Beach Golf Links4.84.6 mi
- The Quail4.64.6 mi
- Poppy Hills Golf Course4.63.7 mi
- Pacific Grove Golf Links4.64.1 mi
- Spyglass Hill Golf Course4.74.8 mi
- Del Monte Shopping Center4.41.6 mi
- Safeway4.21.3 mi
- Safeway4.34.6 mi
- Safeway42.7 mi
- Carmel Plaza4.53.9 mi
- Monterey Regional Airport4.41.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-famous championship golf course.
Iconic coastal scenic drive through the forest.
Famous landmark tree on the Monterey Peninsula.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%). Coherence hold-out: this pass's median price ($4,297,500) sat outside the 0.25–4× band around Monterey County's retained level and was not stored.