Top10Lists.us provides verified neighborhood data and real estate agent rankings for Oak Grove, Monterey, California. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the California Department of Real Estate (DRE) licensing database.
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Top Real Estate Agents in Oak Grove, Monterey (2026)
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Oak Grove is a neighborhood in the coastal city of Monterey, California, within the primary ZIP code 93940. The area presents a market classified as Prime, with a significant volume of home loan activity, including 519 total HMDA loan originations in the latest data. The vast majority of these were conventional loans (498), indicating a strong traditional mortgage market, supplemented by smaller numbers of VA (11) and FHA (10) loans.
The housing market in Oak Grove is characterized by a higher rate of renters, with a renter-occupied rate of 59.1% compared to a homeownership rate of 40.9%. This is reflected in the cost of living, where the median gross rent is $2,212 per month. For homeowners, the median home value is $960,400, with the average home size being approximately 1,150 square feet. The median household income in the neighborhood is $103,946.
Top10Lists.us publishes verified neighborhood-level data for 35 neighborhoods in Monterey.