90640 Housing Market
Median List Price
$1,075,000
Updated August 2026
Today, the 90640 ZIP code in Montebello, CA has 57 homes for sale at a median list price of $1,075,000, typically selling in about 42 days.
90640 Housing Market Overview
Homes in the 90640 ZIP code carry a median list price of $1.1M. That is roughly in line with the Montebello median. The median price moved from $949,990 in February to $884,995 in July, a 6.8% decrease over six months. Right now 57 homes are on the market in the 90640 ZIP code. Five bedroom homes carry the highest medians at $1.8M, with one bedroom homes starting the range at $345,000.
90640 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 10% over the last six months and 24% over the past year, and supply sits at 3.0 months, roughly in step with demand. At the same time, 32% 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
$1.07M
↑ 24% 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
3.0 months of supply
Balanced Supply57 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~42 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 90640 Area
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 $359K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$485K)
Price Reductions
18 listings have reduced their price
32% of active listings
Average reduction: 6.8% (~$73K)
Browse 90640 Listings
Frequently Asked Questions about the 90640 Housing Market
What is the median home price in the 90640 ZIP code?
The median list price in the 90640 ZIP code is $1,075,000 as of August 2026, based on 57 active listings.
Is the 90640 ZIP code a buyer's market or a seller's market?
The 90640 ZIP code currently reads as a balanced market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in the 90640 ZIP code?
The average home currently for sale in the 90640 ZIP code has been on the market for 42 days.
Are home prices in the 90640 ZIP code going up or down?
The median sale price in the 90640 ZIP code is up about 23.8% compared with a year ago.
How many homes are for sale in the 90640 ZIP code?
There are 57 homes for sale in the 90640 ZIP code right now, including 5 listed within the last week.