Home prices
Pacific Grove's median home cost is $857,900. In comparison to nearby areas this is approximately $108,680 (11%) lower.Compared to the nation as a whole it is roughly $640,400 (294%) higher, and compared to the city of San Francisco it is about $239,900 (21%) lower.
Rents
In Pacific Grove the median monthly rent is $1,758. In comparison to its surrounding areas it is approximately $431 (19%) lower.It is roughly $696 (65%) higher compared to the rest of the nation, and is about $137 (7%) lower in comparison to the city of San Francisco.
Nearby places
Del Monte Forest
Del Monte Forest is Pacific Grove's neighbor to the south. The housing prices there are a lot more expensive. Del Monte Forest's median home price is $1,356,500, which works out to $498,600 (36%) higher than Pacific Grove. Its rents are a lot more expensive. Del Monte Forest's median rent is $2,914 a month, which works out to $1,156 (39%) higher than Pacific Grove.
Monterey
Monterey is Pacific Grove's neighbor to the southeast. The housing prices there are somewhat less expensive. Monterey's median home cost is $782,500, which comes out to $75,400 (9%) lower than Pacific Grove. Its rents are pretty similar. In Monterey the median monthly rent is $1,793, which works out to $35 (1%) higher than Pacific Grove.
Sand City
Sand City is about 3 miles east from Pacific Grove. The housing prices there are significantly less expensive. The median home in Sand City costs $513,900, which comes out to $344,000 (66%) lower than Pacific Grove. Its rents are similar. In Sand City the median rent is $1,692 a month, which works out to $66 (3%) lower than Pacific Grove.
Del Rey Oaks
Del Rey Oaks is about 4 miles southeast of Pacific Grove. The housing prices there are significantly less expensive. The median home value in Del Rey Oaks is $629,400, which works out to $228,500 (36%) lower than Pacific Grove. Its rents are somewhat more expensive. Del Rey Oaks's median rent is $2,338 a month, which works out to $580 (24%) higher than Pacific Grove.
Carmel-by-the-Sea
Carmel-by-the-Sea is roughly 4 miles south of Pacific Grove. Real estate prices there are a lot more expensive. The median home in Carmel-by-the-Sea costs $1,550,600, which is $692,700 (44%) higher than Pacific Grove. Its rents are somewhat more expensive. Carmel-by-the-Sea's median monthly rent is $2,209, which comes out to $451 (20%) higher than Pacific Grove.
