Zip 93108 (Montecito, CA) Housing

The housing market in 93108 Montecito, CA is very strong. The median value of homes in this area is an incredible $3,901,800, which is much higher than the US house median value of $338,100. Over the past year, house appreciation in Montecito has been even more impressive at 10.50%, significantly higher than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in Montecito is a great place to invest as the future looks bright for home values in the area.

The median home cost in Montecito (zip 93108) is $3,901,800. Home appreciation the last 10 years has been 61.3%. Home Appreciation in Montecito (zip 93108) is up 0.5%.

Average Age of Homes

- The median age of Montecito (zip 93108) real estate is 51 years old

The Rental Market in Montecito (zip 93108)

- Renters make up 19.9% of the Montecito (zip 93108) population
- 0.1% of houses and apartments in Montecito (zip 93108), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montecito, California	United States
	5,541.0	139,647,020.0
	51	42
	$3,901,800	$338,100
	0.5%	16.6%
	15.5%	57.0%
	61.3%	101.1%
	$6.84	$10.98
	$10,001	$2,690
	60.2%	57.4%
	18.1%	11.2%
	21.6%	31.4%
Vacant Housing
	0.1%	1.9%
	0.4%	0.4%
	1.7%	0.7%
	1.0%	0.4%
	10.6%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.2%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.2%	11.3%
	0.0%	13.0%
	0.3%	20.1%
	1.0%	13.6%
	0.7%	8.3%
	0.1%	9.7%
	3.5%	3.9%
	7.0%	2.2%
	12.5%	0.8%
	74.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	4.5%	13.6%
	4.5%	13.6%
	10.1%	13.6%
	18.2%	13.2%
	14.2%	14.8%
	10.1%	13.6%
	18.9%	10.0%
	3.4%	4.7%
	14.4%	12.2%

Reviews for Montecito

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Marlis · Montecito, CA

You will see glitter, wannabes and homeless.

Over 5 years ago

I have lived here several years, nothing special. Good weather in winter. You will see glitter, some fake wannabes and homeless. Good beaches and food venues. I try and More