Market Intelligence · CA / Santa Barbara

Santa Barbara, CA 93108 Housing Market

In Santa Barbara, CA 93108, the typical home value is $5,168,107, up 12.3% over the past year as of September 2026. The median list price is $6,105,000, and homes have a median days on market of 69. Buyers are active, but they are taking time.

Updated September 2026Median value$5168K

The median home value in Santa Barbara, CA 93108 is $5.17M as of September 2026, up 12.3% 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 93108 range

$4.75M to $5.58M

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

+12.3% over 12 months

Sep 2025$4.6M

Low $4.6MHigh $5.17M

Sep 2026$5.17M

The numbers

What is the 93108 housing market like?

As of September 2026

Typical home value

$5.17M

12.3%YoY

Median list price

$6.11M

6.1%MoM

Days on market

6.2%MoM

Homes for sale

4.8%MoM

Price cuts

20.1%

58.0%MoM

New listings

16.7%MoM

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

The outlook

93108 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 93108 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 93108 rose 12.3%, per the Zillow Home Value Index.

Will home prices drop in 93108?

Zillow's forecast does not call for a drop: it expects typical home values in 93108 to rise 1.8% by September 2027, after a 12.3% 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 93108 home prices compare?

93108$5,168,107
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

As of September 2026, Santa Barbara, CA 93108 had 79 homes for sale and 20 new listings, with a median list price of $6,105,000. The typical home value is $5,168,107, up 12.3% over the past year, while the median days on market is 69. A 20.1% share of listings had a price cut, which shows some sellers are adjusting even as values remain strong. For a seller, the read is mixed: pricing power exists, but patience and realistic pricing matter.

Monthly payment

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Home price

Down payment20% · $1,033,621

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Common questions

What people ask us.

How much is a home in 93108 worth?

The typical home value in Santa Barbara, CA 93108 is $5,168,107, up 12.3% over the past year as of September 2026.

Are homes selling quickly in 93108?

The median days on market is 69 as of September 2026, and there are 79 homes for sale.

Are sellers cutting prices in 93108?

A 20.1% share of listings had a price cut as of September 2026.

Discover

Nearby ZIP markets.

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