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

$422,600

  • -0.5% 1-year change
  • -1.9% 1-year forecast

The median home value in Montecito Heights is $422,600. Montecito Heights home values have declined -0.5% over the past year and Zillow predicts they will fall -1.9% within the next year. The median price of homes currently listed in Montecito Heights is $375,000.

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 2.4 and also greater than the national value of 4.0

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Relative ZHVI
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Montecito Heights Market Overview

Data through Jan 31, 2015
  • $422,600 ZHVI
  • -1.9% 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
    (Jan 31, 2016)
  • $375,000 Median listing price
  • No data Median sale price
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Montecito Heights Market Health

Data through Jan 31, 2015
  • 1.0/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

5.5 homes Montecito Heights
2.4 homes Los Angeles
4 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 Jan 31, 2015
  • $334 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Montecito Heights Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,092 Montecito Heights
    $2,531 Los Angeles
    $1,350 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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