Montebello, CA Housing Market
Median List Price
$1,096,000
Updated August 2026
Today, Montebello has 55 homes for sale at a median list price of $1,096,000, typically selling in about 43 days.
Montebello Market Analysis
Montebello, CA currently shows a median list price of $1.1M. There are 55 homes currently listed for sale in Montebello, CA. 27 new listings came on the market in the last 30 days.
Two bedroom homes are the most affordable tier at a median of $420,000, while five bedroom homes top the range at $1.8M. The housing stock skews toward condos, at about 58.2% of active listings, with single family homes accounting for another 27.3%. Over the last six months, the median price has eased about 5.8%, from $949,990 in February to $894,990 in July. Per square foot, the median stands at $479.
Median time from listing to accepted offer is about 24 days. Addresses here carry the 90640 ZIP code.
Montebello Rental Market
Montebello, CA currently shows a median asking rent of $3,500. There are 23 homes currently listed for rent in Montebello, CA. Over the last six months, the median rent has eased about 31.3%, from $3,200 in February to $2,200 in July.
Montebello Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 11% over the last six months and 19% over the past year, and there is only 2.9 months of supply. At the same time, 33% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$1.10M
↑ 19% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
2.9 months of supply
Tight Supply55 active listings against the current sales pace works out to about 2.9 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~43 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Montebello
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
46%
Homeowners
54%
Renters
Homeownership is 9.5 points lower than the California average (55.5%)
19,631 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $343K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$450K)
Price Reductions
18 listings have reduced their price
33% of active listings
Average reduction: 7.3% (~$80K)
Browse Montebello Listings
Frequently Asked Questions about the Montebello, CA Housing Market
What is the median home price in Montebello, CA?
The median list price in Montebello is $1,096,000 as of August 2026, based on 55 active listings.
Is Montebello a buyer's market or a seller's market?
Montebello currently reads as a seller's market. Active inventory works out to about 2.9 months of supply at the recent sales pace.
How fast do homes sell in Montebello?
Homes that closed in the last 90 days typically went under contract in about 24 days. The average home currently for sale has been on the market for 43 days.
Are home prices in Montebello going up or down?
The median sale price in Montebello is up about 19.4% compared with a year ago.
How many homes are for sale in Montebello, CA?
There are 55 homes for sale in Montebello right now, including 6 listed within the last week.
What is the median rent in Montebello?
The median asking rent in Montebello is $3,500 per month, across 23 active rental listings.