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Preforeclosure Homes in Montebello, CA 90640

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Montebello, CA Foreclosures

How much do homes sell for in Montebello, CA?
The average home price is currently $941,249.
In Montebello, CA, how many homes are available?
There are currently 19 active home listings available in Montebello.
What’s the average rental cost in Montebello, CA?
The average rental price in Montebello is $2,414.
What is the most expensive home in Montebello?
The most expensive home sold in Montebello had a price of $97,242,512.
What is currently the cheapest priced home in Montebello, CA?
The cheapest home for sale in Montebello is priced at $78,146.

Living in Montebello, CA

Montebello, CA, is a thriving city near Los Angeles, offering a blend of suburban life with easy urban access. Known for its rich cultural heritage, the city features diverse dining options, beautiful parks, and excellent schools. With convenient transportation routes, it's a desirable location for families and professionals alike.

Current Market Conditions in Montebello, CA

The real estate market in Montebello has shown positive growth trends over the past year, with a steady increase in home prices. Demand remains strong due to the city's accessibility to Los Angeles and desirable community features. Additionally, the current inventory of homes for sale is relatively low, leading to heightened competition among buyers.

In recent months, the market has been more favorable to sellers, given the upward pressure on home prices and a quicker-than-average sales cycle. Buyers in Montebello are increasingly looking for homes that offer larger square footage and updated amenities, reflecting the desire for more spacious living areas amidst increasing remote work options.

Home Value Estimator For Montebello, CA

There are currently 11,823 real estate properties in Montebello, CA, with a median automated valuation model (AVM) price of $820,332.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montebello, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Montebello, CA, is $941,249.00, with the most expensive house in Montebello, CA, topping out at $97,242,512.00 and the cheapest home in Montebello, CA, clocking in at $78,146.00. In other words, there’s something for every potential homebuyer or savvy investor in Montebello, CA!

Rent Prices In Montebello, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montebello, CA, is on a rollercoaster ride. The average rent price in Montebello, CA, is $2,414.00. Indeed, when looking to rent in Montebello, CA, you can expect to pay as little as $1,480.00 or as much as $4,880.00, with the average rent median estimated to be $2,430.00. The good news is that finding an affordable and desirable property to rent in Montebello, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Montebello, CA 90640 Preforeclosure Homes


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