El Monte Housing Market Report – May 2026
Here's a look at how the El Monte, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 37
- Median Sale Price: $675,000
- Average Sale Price: $965,148
- Average Price Per Sq Ft: $415
- Average Days on Market: 69
- Sale-to-List Price Ratio: 94.7%
Month-Over-Month Trends
Compared to April, the median sale price in El Monte moved 14.0% down (from $785,000 to $675,000). The number of homes sold was 27.6% up compared to the prior month (29 vs. 37). Average days on market shifted 22.5% down (89 days to 69 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 14.3% down (from $788,000 to $675,000). Sales volume is 19.4% up year-over-year.
What This Means
El Monte's housing market is showing mixed signals as we head into summer 2026. While sales volume jumped 27.6% month-over-month, this likely reflects improved data collection rather than a genuine market surge—a note worth keeping in mind when interpreting the numbers. The more telling story comes from pricing: median prices have dipped 14% both monthly and year-over-year, landing at $675,000. This suggests sellers are adjusting expectations in a market that's gradually cooling, particularly as interest rates remain elevated and buyer purchasing power stays constrained.
The good news for sellers is that homes are moving faster. Days on market dropped from 89 to 69, and the sale-to-list price ratio of 94.7% indicates properties are selling close to asking price. However, the large gap between median ($675,000) and average ($965,148) sale prices hints at a bifurcated market where luxury properties are skewing the average upward, while most homes cluster below the median.
Looking ahead, the 191 active listings with a median ask of $798,000 suggest inventory is building. If sellers don't adjust prices downward to match buyer expectations, we could see homes sitting longer on the market. For now, El Monte remains a buyer's market with room to negotiate.
El Monte Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91732 | 24 | $670,000 | $416 | 66 |
| 91733 | 10 | $729,000 | $380 | 78 |
| 91731 | 3 | $855,000 | $507 | 42 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 14 | $687,450 | $493 |
| CONDOS | 6 | $607,500 | $405 |
| MULTI_FAMILY | 5 | $1,100,000 | $459 |
| TOWNHOMES | 5 | $793,000 | $496 |
| OTHER | 4 | $2,330,000 | $260 |
| MOBILE | 3 | $149,000 | $108 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 3 |
| $400K - $499K | 2 |
| $500K - $749K | 14 |
| $750K+ | 17 |
Current Active Listings
As of this report, there are 191 active listings in El Monte with a median asking price of $798,000 and an average of 85 days on market.
Thinking About Selling Your El Monte Home?
If you're a homeowner in El Monte considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in El Monte and throughout Los Angeles County — get a no-obligation cash offer today.