Montecito—87527
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montecito
Montecito lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Montecito
Montecito lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Montecito
As of Oct '25, Realtor.com reports that the median days on market for a home in Montecito is 145. This is a increase of 23.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,300,000 | 116.0% |
Listing Count | 5 | 67.0% |
| Listings as % of Homes | N/A | 67.0% |
Days on Market | 145 | 23.0% |
Demographics — Montecito
As of the latest ACS Survey released in 2023, Montecito has a population of 1,440, which has increased by 89.8% over the past 5 years. Montecito is a popular place for families, as children make up 35.0% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,440 | 89.8% |
% Under 18 | 35.0% | 30.6% |
% Seniors | 23.8% | -18.5% |
% WFH | 18.0% | N/A |
% w/ College Degree | 32.6% | -3.0% |
As of the latest ACS Survey released in 2023, Montecito is a predominantly hispanic area, with 78.9% of the population identifying as hispanic. The hispanic population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Montecito is white, making up 19.0% of the population. Foreign-born residents account for 3.1% of the population in Montecito, and this percentage has increased by 10.7% 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 | 19.0% | 25.0% |
% Black | 0.0% | N/A |
% Hispanic | 78.9% | -7.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.1% | 10.7% |
Mortgage and Risk — Montecito
Montecito lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Montecito
Montecito lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Montecito
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $50,500 |