Real Estate Market Update for Montebello, CA

Video: Real Estate Community Tour for Montebello, CA

See Real estate community tour for Montebello, CA
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 56% from one year earlier, and down 31% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 22%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 340-thousand dollars. The number of units sold decreased 56% year-over-year, and decreased 52% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better 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.
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Map Information for Montebello, CA
Area Information for Montebello, CA
  • Population: 63,123
  • Median Age: 34.4 yr
  • Median Commute Time: 24.29 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 7,575/sq mi
  • Population Change Since 2000: 1.67%
  • Closest Airport: Long Beach /daugherty Field/
  • Closest College: University Of The West
  • Closest Jr. College: East Los Angeles College
  • Median Household Income: $51,355
  • Annual Residential Turnover: 17.52%
  • Median Years in Residence: 3.75 yr
  • Median Home Sales Price: $315,250
  • Closest Major Sports Team: Dodgers
  • Change Avg. Household Income Since 2000: 33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Montebello, CA
Median Age: 34.4 Married: 28% Number of Households: 19,163 Households with Children: 8,445
    • 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 Montebello, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Washington Elementary School 0.2 mi Public PRESCHOOL-5 2 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
      Montebello Intermediate School 0.5 mi Public 6-8 2 3
      Montebello Christian School 0.6 mi Private K-8 0 4
      Fremont Elementary School 0.7 mi Public PRESCHOOL-5 0 4
      Montebello High School 0.7 mi Public 9-12 2 3
      Applied Technology Center 0.9 mi Public 9-12 0 0
      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 3-5 3
      Grace Baptist Academy 1.3 mi Private K-12 0 1
      Our Lady Of The Miraculous Medal School 1.3 mi Catholic PRESCHOOL-8 0 4
      Greenwood Elementary School 1.5 mi Public PRESCHOOL-5 1 3
      Vail High (continuation) School 1.8 mi Public 10-12 0 0
      Eastmont Intermediate School 1.8 mi Public 6-8 2 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 © 2015
      Local Weather for Montebello, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.