Land Market Insights and Pricing in Monterey County, California

Monterey County, California, offers a striking landscape of 3,281 square miles, dominated by the rugged Santa Lucia and Gabilan mountain ranges flanking the fertile Salinas Valley. This topographical diversity creates opportunities for both agricultural pursuits and scenic land investments. The county's economy thrives on tourism along its iconic coastline, featuring Carmel-by-the-Sea and Big Sur, while the Salinas Valley, known as the "Salad Bowl of the World," drives a robust agricultural sector. With property taxes at 0.66%, below the national average, Monterey presents an attractive prospect for land buyers. The region boasts significant protected areas, including portions of Los Padres National Forest and Pinnacles National Park, enhancing land value and recreational potential. However, potential buyers should note the county's higher-than-average housing costs, with a median home price of $723,100, reflecting the area's desirability and economic strength.