Real Estate Market Update for 90640 (Montebello, CA)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 18% from one year earlier and down 13% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just under 380-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21% This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price . The number of units sold Decreased 25% year-over-year and Decreased 17% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 90640 (Montebello, CA)
Area Information for 90640 (Montebello, CA)
  • Community Character: Significant Percentage of Family Households, Moderate Residential Turnover, Suburb of Long
  • Population: 61,134
  • Median Age: 33.33 yr
  • Median Commute Time: 24.24 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 108
  • Sales Tax: 5%
  • Population Density: 7,294/sq mi
  • Population Change Since 2000: 0%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: University Of West
  • Closest Jr. College: Don Bosco Technical Institute
  • Median Household Income: $51,976
  • Annual Residential Turnover: 17.44%
  • Median Years in Residence: 3.74 yr
  • Median Home Sales Price: $309,556
  • Closest Major Sports Team: Los Angeles Dodgers
  • Change Avg. Household Income Since 2000: 36%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for 90640 (Montebello, CA)
Median Age: 33.33 Married: 35% Number of Households: 18,610 Households with Children: 8,029
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90640 (Montebello, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Washington Elementary School 0.2 mi Public K-5 2-5 3
      St. Benedict Elementary School 0.2 mi Catholic K-8 0 4
      Maple Ave School 0.2 mi Private PRESCHOOL-K 0 0
      Cross And Crown Lutheran School 0.3 mi Private PRESCHOOL-K 0 0
      St. John's Lutheran Elementary School 0.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Montebello Intermediate School 0.5 mi Public 6-8 1 3
      Montebello Christian School 0.6 mi Private K-8 0 4
      Fremont Elementary School 0.7 mi Public K-5 1 4
      Montebello High School 0.7 mi Public 9-12 2-5 3
      La Merced Elementary School 0.9 mi Public K-5 1 4
      Wilcox Elementary School 0.9 mi Public K-5 1 4
      La Merced Intermediate School 1.0 mi Public 6-8 3 3
      Cantwellsacred Heart Of Mary High School 1.1 mi Catholic 9-12 0 4
      Schurr High School 1.2 mi Public 9-12 3 3
      Grace Baptist Academy 1.3 mi Private K-10 0 0
      Our Lady Of The Miraculous Medal School 1.3 mi Private PRESCHOOL-8 0 4
      Greenwood Elementary School 1.5 mi Public K-5 1 3
      Vail High (continuation) School 1.8 mi Public 10-12 0 0
      Eastmont Intermediate School 1.8 mi Public 6-8 1 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics 2014
      Local Weather for 90640 (Montebello, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.