El Monte, CA 91731 Real Estate Market Report

ZIP Code: 91731
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in El Monte stands at $720,000, reflecting a stable market condition with a flat price trend year-over-year. This suggests that while there may be fluctuations in buyer sentiment, the overall market is maintaining its value. The median days on market is notably high at 269 days, indicating a slower sales velocity and potentially reflecting buyer caution in the current economic climate.

Despite the elevated inventory levels observed, the market remains somewhat competitive, leaning towards a balanced to slightly seller-favored environment. The median listing price of $689,000 shows a significant gap compared to the sold price, which may indicate pricing friction as sellers adjust expectations amidst changing market conditions. Furthermore, elevated interest rate pressure continues to impact affordability, contributing to a more cautious buyer approach.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in El Monte, CA are averaging 6.38%, which is 0.26% higher than the 2026 average of 6.12%.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $720,000 indicates a stable market, with prices remaining flat year-over-year.

2. A median days on market of 269 days suggests a slower sales velocity, reflecting buyer caution in the current economic environment.

3. The median listing price of $689,000 shows a notable gap from the sold price, indicating potential pricing friction as sellers adjust their expectations.

4. Elevated interest rate pressure is impacting affordability, contributing to a cautious buyer sentiment in the market.

5. Overall, the market temperature is neutral, suggesting a balanced environment despite elevated inventory levels.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.