Market Intelligence · CA / Santa Barbara

Santa Barbara, CA 93111 Housing Market

The typical home value in Santa Barbara, CA 93111 is $1,645,855, up 2.9% over the past year as of September 2026. The median list price is $2,255,750, and homes spend a median of 39 days on the market.

Updated September 2026Median value$1646K

The median home value in Santa Barbara, CA 93111 is $1.65M as of September 2026, up 2.9% 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 93111 range

$1.51M to $1.78M

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

+2.9% over 12 months

Typical home value in 93111 over the last 12 months: $1.6M in Sep 2025 to $1.65M in Sep 2026 (+2.9%).

Sep 2025$1.6M

Sep 2026$1.65M

The numbers

What is the 93111 housing market like?

Typical home value

$1.65M

Up2.9%YoY

Median list price

$2.26M

Up0.5%MoM

Days on market

39

Flat0.0%MoM

Homes for sale

26

Up4.0%MoM

Price cuts

19.9%

Up108.7%MoM

New listings

12

Down25.0%MoM

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

The outlook

93111 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 93111 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 93111 rose 2.9%, per the Zillow Home Value Index.

Will home prices drop in 93111?

Zillow's forecast does not call for a drop: it expects typical home values in 93111 to rise 1.2% by September 2027, after a 2.9% 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 93111 home prices compare?

  • 93111$1,645,855
  • 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, there are 26 homes for sale in 93111, with 12 new listings added. The median list price of $2,255,750 sits well above the typical home value of $1,645,855, which suggests the active inventory leans toward the higher end of the local market. Homes are moving in a median of 39 days, so sellers can expect a reasonable but not instant pace. About 19.9% of listings have taken a price cut, which means some sellers are adjusting expectations after the initial listing. If your home is priced in line with the data rather than above it, you are more likely to attract serious buyers without sitting on the market.

Monthly payment

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20% · $329,171

Common questions

What people ask us.

How much is a home in 93111 worth?

The typical home value in 93111 is $1,645,855, up 2.9% over the past year as of September 2026.

How fast are homes selling in 93111?

Homes in 93111 spend a median of 39 days on the market as of September 2026.

What are homes listed for in 93111?

The median list price in 93111 is $2,255,750, with 26 homes for sale as of September 2026.

Discover

Nearby ZIP markets.

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Guides for sellers.