Home Values

Montecito Heights Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$429,400

  • 2.1% 1-year change
  • -0.2% 1-year forecast

The median home value in Montecito Heights is $429,400. Montecito Heights home values have gone up 2.1% over the past year and Zillow predicts they will fall -0.2% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Montecito Heights 8.1 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.1 and also greater than the national value of 3.8

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Relative ZHVI
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Montecito Heights Market Overview

Data through Jun 30, 2015
  • $429,400 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Montecito Heights Market Health

Data through Jun 30, 2015
  • 2.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

8 Montecito Heights
2 Los Angeles
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Mount Washington $607,900
Glassell Park $560,800
Highland Park $532,500
Name Median ZHVI
Hermon $502,700
Cypress Park $463,500
Elysian Valley $458,400
Name Median ZHVI
El Sereno $383,600
Lincoln Heights $362,100
University Hills $348,100

Listings & Sales

  • No data
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Montecito Heights Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,176 Montecito Heights
    $2,587 Los Angeles
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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