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

$422,100

  • -1.5% 1-year change
  • 0.4% 1-year forecast

The median home value in Montecito Heights is $422,100. Montecito Heights home values have declined -1.5% over the past year and Zillow predicts they will rise 0.4% within the next year. The median price of homes currently listed in Montecito Heights is $424,900.

Foreclosures will be a factor impacting home values in the next several years. In Montecito Heights 5.5 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.3 and also greater than the national value of 3.9

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Relative ZHVI
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Montecito Heights Market Overview

Data through Feb 28, 2015
  • $422,100 ZHVI
  • 0.4% 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
    (Feb 29, 2016)
  • $424,900 Median listing price
  • No data Median sale price
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Montecito Heights Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

5.5 homes(Jan 31, 2015) Montecito Heights
2.3 homes Los Angeles
3.9 homes 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

Data through Feb 28, 2015
  • $391 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 2.3% Listings with price cut
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Montecito Heights Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,120 Montecito Heights
    $2,547 Los Angeles
    $1,355 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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