Market Overview
Home Prices in Montebello, NY
The median home value in Montebello, NY is $1,121,106 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montebello are priced173% above average. Montebello is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Montebello home values have risen by approximately60.7%, reflecting strong long-term appreciation in this market.
Price History
Montebello Home Price Trend
City Comparison
Montebello vs. National Median
At $1,121,106, homes in Montebello cost 173% above the national median of $410,000. Buyers in Montebello should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Montebello?
20% Down Payment
$224,221
on $1,121,106
Monthly P&I
$5,847/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,426/mo
incl. taxes & insurance
Income Needed
$297,040
gross annual (30% rule)
10% Down Option
$112,111
+ PMI applies
Loan Amount (20% dn)
$896,885
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Montebello, NY?
The median home value in Montebello is $1,121,106 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Montebello?
Over the past year, home values in Montebello have increased by 2.5%. Over five years, prices have risen approximately 60.7%.
How much do I need to earn to buy a home in Montebello?
To comfortably afford the median home price of $1,121,106 with a 20% down payment ($224,221) at today's rates (6.8%), you'd need a gross annual income of approximately $297,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Montebello compare to the national average home price?
The national median home value is approximately $410,000. At $1,121,106, homes in Montebello are 173% above the national average.
What metro area is Montebello part of?
Montebello is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.