Market Snapshot
- Median listing price
- $895K
- Median rent
- $2,300/mo
- Days on market
- 24 days
- Gross rental yield
- 3.08%
- STR vs LTR
- $3,872/mo STR · $2,300/mo LTR
The median listing price in Montebello, CA ZIP 90640 is $895,000 as of July 2026.
The median market rent in Montebello, CA ZIP 90640 is $2,300/month as of July 2026.
The median days on market in Montebello, CA ZIP 90640 is 24 days as of July 2026. The market is currently neutral.
At a median list price of $895,000 and a median rent of $2,300/month, the gross rental yield in Montebello, CA ZIP 90640 is 3.08% as of July 2026.
In Montebello, CA ZIP 90640, median Airbnb revenue is $3,872/month compared to median long-term rent of $2,300/month as of July 2026.
Montebello, CA 90640 Real Estate Market Report
ZIP Code: 90640
Report Date: July 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Montebello, CA are 6.76% compared to the 5.99% average seen earlier in 2026, indicating that property owners who secured loans during the first quarter are currently holding more favorable interest rates.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price: $838,000 is the primary indicator of recent market value and transaction activity in Montebello; this level suggests price stability relative to asking levels and should anchor valuation and underwriting decisions. flat price trend
- median listing price: $895,000 sits above the representative recent sale price, which signals pricing friction and suggests sellers may need to moderate expectations to achieve closings in the current environment. pricing gap
- median days on market: 24 combined with a neutral market temperature points to moderated sales velocity and a transition toward a more balanced market where buyers have more time to assess listings. neutral market
- median market rent: $2,300 and a rent year-over-year trend of down indicate weaker rental demand or downward pressure on rents, which may reduce short-term investor yield prospects; concurrently, elevated interest rate pressure (current 30-year fixed mortgage rates at 6.76% versus 5.99% earlier in 2026) may sustain buyer caution. down
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Quick sale indicating strong buyer demand and competitive market conditions.
Quick sale indicating strong buyer demand and competitive market conditions.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.66% rate, 0.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/30/2026
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