The 2026 one-unit conforming limit in Monterey County is $994,750. Any one-unit loan above that is a jumbo loan. Below: how that line falls across 7 Monterey cities.
2026 1-unit conforming limit
County designation
Cities covered below
Typical credit score
Monterey County is a designated high-cost area, so its 2026 one-unit conforming loan limit is $994,750 (per FHFA/HUD 2026 loan limits) rather than the $832,750 national baseline. Any one-unit loan above $994,750 in Monterey County is a jumbo loan.
Values across the county run from roughly $750K in Salinas to about $2.46M in Carmel-by-the-Sea, so whether a purchase needs jumbo financing varies widely by city — the table below shows where each one sits against the $994,750 limit.
Typical home values are Zillow Home Value Index (ZHVI) figures for June 2026, rounded. ZHVI reflects the typical value for homes in the 35th to 65th percentile range, so it sits below the median sale price in markets with a heavy luxury tail. Provided as a market reference for general education only; not an appraisal or valuation of any specific property.
| City | Typical home value approx., mid-2026 | Is a jumbo loan usually needed? |
|---|---|---|
| Carmel-by-the-Sea | $2.46M | Almost always |
| Marina | $870K | Higher-end homes only |
| Monterey | $1.18M | Usually |
| Pacific Grove | $1.4M | Usually |
| Pebble Beach | Not tracked separately | Depends on the home |
| Salinas | $750K | Higher-end homes only |
| Seaside | $810K | Higher-end homes only |
Carmel-by-the-Sea. Carmel-by-the-Sea is one of California's most exclusive coastal markets, with typical values many times the 2026 Monterey County conforming ceiling — virtually every standard purchase is a jumbo loan.
Marina. Most standard Marina purchases fall below the 2026 Monterey County conforming ceiling, so jumbo financing here generally applies to larger or newer homes rather than the typical purchase.
Monterey. Monterey home values run above the 2026 Monterey County conforming ceiling, so most single-family purchases in this coastal city are financed as jumbo loans.
Pacific Grove. Pacific Grove home values run above the 2026 Monterey County conforming ceiling, so most single-family purchases in this coastal town are financed as jumbo loans.
Pebble Beach. Pebble Beach is one of California's most exclusive markets, with typical values many times the 2026 Monterey County conforming ceiling — virtually every standard purchase is a jumbo loan.
Salinas. Standard Salinas purchases fall below the 2026 Monterey County conforming ceiling, so jumbo financing is rarely needed in this agricultural-valley city.
Seaside. Most standard Seaside purchases fall below the 2026 Monterey County conforming ceiling, so jumbo financing here generally applies to larger or view homes rather than the typical purchase.
Learn more about our Jumbo Loans program, explore DSCR investment loans in this region, or see all loan programs.
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