Montebello, NY—10901
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montebello, NY
As of Oct '25, the median home price in Montebello, NY is $772,000, with a year-over-year change of 1.2%. This indicates that home prices in Montebello, NY are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $772,000 | 1.2% |
| Single Family | $863,000 | 1.2% |
| Condos | $294,000 | 1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $408,000 | 0.2% |
3 Bed | $632,000 | -0.2% |
4 Bed | $909,000 | 1.6% |
| 5 Bed | $1,219,000 | 1.4% |
% of Housing Stock
Rental Trends — Montebello, NY
As of July '25, Rentcast reports the average rent in Montebello, NY is $3,290, with a year-over-year rent change of 2.2%. Per bedroom, the median rent as of July '25 in Montebello, NY is studios: $1,650, 1-bedrooms: $2,440, 2-bedrooms: $3,040, 3-bedrooms: $3,710, 4-bedrooms: $5,320. The most common rental property sizes in Montebello, NY are 1-bedroom and 2-bedroom, accounting for 51.3% and 19.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,860 | $3,290 |
| Studio Rent | $1,650 | $1,650 |
| 1 Bed Rent | $2,380 | $2,440 |
| 2 Bed Rent | $3,050 | $3,040 |
| 3 Bed Rent | $3,750 | $3,710 |
| 4 Bed Rent | $4,000 | $5,320 |
% of Rental Stock
Property Listings — Montebello, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Montebello, NY is 49. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 1.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $801,000 | 5.0% |
Listing Count | 144 | 99.0% |
| Listings as % of Homes | 0.7% | 99.0% |
Days on Market | 49 | 38.0% |
Demographics — Montebello, NY
As of the latest ACS Survey released in 2023, Montebello, NY has a population of 26,200, which has increased by 11.4% over the past 5 years. Montebello, NY is a popular place for families, as children make up 27.6% of the population. The area has a highly educated workforce, with 47.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | 11.4% |
% Under 18 | 27.6% | 27.8% |
% Seniors | 18.5% | -8.0% |
% WFH | 12.3% | 108.5% |
% w/ College Degree | 47.5% | -1.7% |
As of the latest ACS Survey released in 2023, Montebello, NY is a predominantly white area, with 69.3% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Montebello, NY is hispanic, making up 13.5% of the population. Foreign-born residents account for 18.3% of the population in Montebello, NY, and this percentage has increased by 5.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.3% | -5.2% |
% Black | 11.1% | 136.2% |
% Hispanic | 13.5% | 1.5% |
% Asian | 4.7% | -27.7% |
% Foreign Born | 18.3% | 5.2% |
Mortgage and Risk — Montebello, NY
According to HUD data as of 2023, there were 394 mortgage originations in Montebello, NY, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Montebello, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 394 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Montebello, NY
As of 2024, the percent of homes in Montebello, NY under the Section 8 program is 26.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Montebello, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 756 |
Total Units Section 8 | 667 |
% Rentals under Section 8 | 26.2% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $2,380 | $2,500 |
| 2 Bedroom | -$280 | $3,050 | $2,770 |
| 3 Bedroom | -$300 | $3,750 | $3,450 |
| 4 Bedroom | -$280 | $4,000 | $3,720 |
Affordability — Montebello, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $772,000 |
| Median Household Income | $115,000 |