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Montecito, CA

Full City Profile · California · Ventura County County

3.1 /5.0
B Good
8,823 Population 961/sq mi density
$222,966 Median Income $132,404 per capita
$2,000,001 Home Value $5,327,075 Zillow
$3,501 Median Rent 32.9% income on rent
63°F Avg Temperature 330 sunny days/yr
332 Violent Crime/100K 2,628 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$222,966 median income, 1.9% unemployment
D
Affordability
1.6 / 5.0
$2,000,001 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
332 violent crimes/100K
A+
Education
5.0 / 5.0
74.9% bachelor's degree or higher

Housing Overview

Median Home Value
$2,000,001
609% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
73.6%
13% above US avg (65.4%)
Total Housing Units
4,140
Median year built: 1970

Home Value by Source

Census Median
$2,000,001
Zillow (ZHVI)
$5,327,075
Median Sale Price
$4,367,500
Median List Price
$6,224,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.6%
Owner-Occupied
26.4%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent: $3,501/mo · Zillow rent: $13,375/mo

Market Indicators (Redfin)

Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
16.3%
of listings with price reduction
Price Per Sq Ft
$2,174
Active Inventory
49
homes for sale

Affordability & Housing Stock

Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
73.6%

Complete Housing Data

Home Values

Census Median Value$2,000,001
Zillow Home Value (ZHVI)$5,327,075
Median Sale Price$4,367,500
Median List Price$6,224,500
Price Per Sq Ft$2,174

Rent

Census Median Rent$3,501
Zillow Rent (ZORI)$13,375
FMR Studio$1,513
FMR 1-Bedroom$1,647
FMR 2-Bedroom$2,053
FMR 3-Bedroom$2,752
FMR 4-Bedroom$3,165

Market

Days on Market72
Sale-to-List Ratio1.0%
Price Drops16.3%
Homes Sold8
Active Inventory49
Price Per Sq Ft$2,174

Ownership & Stock

Owner-Occupied73.6%
Renter-Occupied26.4%
Homeownership Rate73.6%
Total Housing Units4,140
Median Year Built1970
Rent Burden32.9%