Home Values

Montecito Park 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

$787,700

  • 2.4% 1-year change
  • 0.6% 1-year forecast

The median home value in Montecito Park is $787,700. Montecito Park home values have gone up 2.4% over the past year and Zillow predicts they will rise 0.6% 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.

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 1.2 and also greater than the national value of 4.2

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Relative ZHVI
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Montecito Park Market Overview

Data through Nov 30, 2014
  • $787,700 ZHVI
  • 0.6% 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
    (Nov 30, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Montecito Park Market Health

Data through Nov 30, 2014
  • 3.0/10 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 (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

26.5 homes(Nov 30, 2012) Montecito Park
1.2 homes Glendale
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Brockmont $1,272,900
Oakmont $1,180,700
Emerald Isle $1,178,300
Name Median ZHVI
Greenbriar $1,144,600
Rancho San Rafael $965,300
Chevy Chase $949,100
Name Median ZHVI
Verdugo Woodlands $837,700
Sparr Heights $682,200
Montrose Verdugo City $588,800

Listings & Sales

  • No data
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Montecito Park Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,945 Montecito Park
    $2,657 Glendale
    $1,342 United States

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

  • 1.9 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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