Montecito, CA housing market
The typical Montecito home is worth about $5,605,000, up 13.4% in a year, 633% above the California typical home. Homes typically sell in 89 days, below asking.
Home values, sales, trends and how Montecito compares with the towns next door — updated as new data is published.
Montecito at a glance
A balanced market
About 4.7 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Montecito | California |
|---|---|---|
| 2017 | $2,787,000 | $453,000 |
| 2018 | $2,928,000 | $501,000 |
| 2019 | $2,910,000 | $539,000 |
| 2020 | $2,784,000 | $551,000 |
| 2021 | $3,052,000 | $607,000 |
| 2022 | $4,431,000 | $703,000 |
| 2023 | $4,680,000 | $727,000 |
| 2024 | $4,809,000 | $758,000 |
| 2025 | $4,947,000 | $782,000 |
| 2026 | $5,316,000 | $767,000 |
| August 2026 | $5,605,000 | $764,000 |
Montecito and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Montecito | $5.6M | +13.4% | 89 | $231,005 |
| Santa Barbara | $1.82M | +4.6% | 40 | $106,182 |
| Summerland | $3.07M | +7.6% | — | $95,694 |
| Toro Canyon | — | — | 43 | $140,743 |
24.3 years of income
The typical Montecito home costs about 24.3 years of the town's median household income, more than across California (7.7 years).
How Montecito ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.