Market Overview
Home Prices in Del Rey Oaks, CA
The median home value in Del Rey Oaks, CA is $899,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and down 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Del Rey Oaks are priced119% above average. Del Rey Oaks is part of the Salinas, CA metro area.
Over the past five years, Del Rey Oaks home values have risen by approximately18.3%, reflecting steady appreciation in this market.
Price History
Del Rey Oaks Home Price Trend
City Comparison
Del Rey Oaks vs. National Median
At $899,881, homes in Del Rey Oaks cost 119% above the national median of $410,000. Buyers in Del Rey Oaks should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Del Rey Oaks?
20% Down Payment
$179,976
on $899,881
Monthly P&I
$4,693/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,960/mo
incl. taxes & insurance
Income Needed
$238,400
gross annual (30% rule)
10% Down Option
$89,988
+ PMI applies
Loan Amount (20% dn)
$719,905
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Del Rey Oaks, CA?
The median home value in Del Rey Oaks is $899,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Del Rey Oaks?
Over the past year, home values in Del Rey Oaks have decreased by 0.2%. Over five years, prices have risen approximately 18.3%.
How much do I need to earn to buy a home in Del Rey Oaks?
To comfortably afford the median home price of $899,881 with a 20% down payment ($179,976) at today's rates (6.8%), you'd need a gross annual income of approximately $238,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Del Rey Oaks compare to the national average home price?
The national median home value is approximately $410,000. At $899,881, homes in Del Rey Oaks are 119% above the national average.
What metro area is Del Rey Oaks part of?
Del Rey Oaks is part of the Salinas, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.