Market Intelligence · CA / Santa Barbara

Santa Barbara, CA 93103 Housing Market

The typical home value in Santa Barbara's 93103 ZIP code is $1,700,080, up 6.4% over the past year. As of September 2026, the median list price is $2,591,500 and homes spend a median of 80 days on the market.

Updated September 2026Median value$1700K

The median home value in Santa Barbara, CA 93103 is $1.7M as of September 2026, up 6.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 93103 range

$1.56M to $1.84M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.4% over 12 months

Sep 2025$1.6M

Low $1.6MHigh $1.7M

Sep 2026$1.7M

The numbers

What is the 93103 housing market like?

As of September 2026

Typical home value

$1.7M

6.4%YoY

Median list price

$2.59M

4.2%MoM

Days on market

8.0%MoM

Homes for sale

25.0%MoM

Price cuts

8.8%

3.6%MoM

New listings

50.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

93103 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 93103 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 93103 rose 6.4%, per the Zillow Home Value Index.

Will home prices drop in 93103?

Zillow's forecast does not call for a drop: it expects typical home values in 93103 to rise 1.0% by September 2027, after a 6.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 93103 home prices compare?

93103$1,700,080
Santa Barbara$1,887,353
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Santa Barbara: 7 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

There are 18 homes for sale in 93103 as of September 2026, with 12 new listings hitting the market. The median list price of $2,591,500 sits well above the typical home value of $1,700,080, which suggests sellers are aiming high in this ZIP. Homes are taking a median of 80 days to sell, so this is not a fast-moving market. Only 8.8% of listings have taken a price cut, which means most sellers are holding firm on their asking prices. For a homeowner thinking about selling, the honest read is that values are rising but buyers are taking their time, so pricing realistically from the start matters more than testing the market.

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Common questions

What people ask us.

How much is a home in 93103 worth?

The typical home value in 93103 is $1,700,080, up 6.4% over the past year as of September 2026. The median list price is $2,591,500.

How long does it take to sell a home in 93103?

Homes in 93103 spend a median of 80 days on the market as of September 2026. Only 8.8% of listings have had a price cut, so most sellers are not reducing their asking prices.

How many homes are for sale in 93103?

There are 18 homes for sale in 93103 as of September 2026, with 12 new listings added to the market.

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