Montecito Park Home Prices & Values

$758,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.5% 1-year change
  • 4.0% 1-year forecast

The median home value in Montecito Park is $758,200. Montecito Park home values have gone up 1.5% over the past year and Zillow predicts they will rise 4.0% within the next year. The median price of homes currently listed in Montecito Park is $700,000. The median rent price in Montecito Park is $1,550, which is lower than the Glendale median of $2,000.

Foreclosures will be a factor impacting home values in the next several years. In Montecito Park 26.5 homes are foreclosed (per 10,000). This is greater than the Glendale value of 2.0 and also greater than the national value of 4.4

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Relative ZHVI
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Montecito Park Market Overview

Data through Jul 31, 2014
  • $758,200 ZHVI
  • 4.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Montecito Park Market Health

Data through Jul 31, 2014
  • 5.7/10 Healthy What's This?  
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    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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

26.5 homes(Nov 30, 2012) Montecito Park
2 homes Glendale
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Brockmont $1,196,700 Emerald Isle $1,103,300 Oakmont $1,091,200
Greenbriar $1,038,900 Rancho San Rafael $906,600 Chevy Chase $879,400
Verdugo Woodlands $792,600 Sparr Heights $690,000 Montrose Verdugo City $532,400

Listings & Sales

  • No Data
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Montecito Park Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,927 Montecito Park
$2,588 Glendale
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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