Housing in Montecito, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$5,300,000

Median List Price

$7,500,000

Price Per Sq Ft

$2,165

Days on Market

95

Active Inventory

47

Months of Supply

6.7

Buyer's market

Zillow Home Value

$5,251,116

ZHVI — January 2026

Zillow Rent Index

$16,250

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 28.1%List Price 63.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

22.2%

Sale-to-List Ratio

94.4%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
22.2%
Listings with Price Drops
14.9%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

11

Pending Sales

9

Homes Sold 30.0%New Listings 42.1%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$2,165

Median List $/SF

$1,958

Sale $/SF 5.9%List $/SF 3.4%Mar 24Jan 26

Montecito vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Montecito is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$2,000,001

Median Rent

$3,501

Total Housing Units

4,143

Vacancy Rate

19.3%

Owner Occupied

73.6%

Renter Occupied

26.4%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$4,001

Housing Types

Single Family
86.5%
Multi-Family
13.5%
Mobile Home
0.0%

The current median sale price in Montecito, CA is $5,300,000 according to Redfin data. Homes spend a median of 95 days on the market. 0.0% of homes sold above asking price. The market has 6.7 months of supply. The median price per square foot is $2,165. Zillow's observed rent index is $16,250/month. About 73.6% of housing units are owner-occupied. The median year homes were built is 1969. There are 4,143 total housing units.