Market Intelligence · CA / Santa Monica

Santa Monica, CA 90401 Housing Market

In Santa Monica, CA 90401, the typical home value is $1,283,279 as of September 2026, down 3.6% over the past year. The median list price is $1,716,250, and homes spend a median of 98 days on market.

Updated September 2026Median value$1283K

The median home value in Santa Monica, CA 90401 is $1.28M as of September 2026, down 3.6% 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 90401 range

$1.18M to $1.39M

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

-3.6% over 12 months

Sep 2025$1.33M

Low $1.28MHigh $1.35M

Sep 2026$1.28M

The numbers

What is the 90401 housing market like?

As of September 2026

Typical home value

$1.28M

3.6%YoY

Median list price

$1.72M

4.9%MoM

Days on market

14.0%MoM

Homes for sale

4.5%MoM

Price cuts

7.7%

55.8%MoM

New listings

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

The outlook

90401 housing market forecast 2027

+0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90401 to rise 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 90401 fell 3.6%, per the Zillow Home Value Index.

Will home prices drop in 90401?

Zillow's forecast does not call for a drop: it expects typical home values in 90401 to rise 0.6% by September 2027, after a 3.6% decline 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 90401 home prices compare?

90401$1,283,279
Santa Monica$1,436,512
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 Monica: 5 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Inventory is limited in Santa Monica, CA 90401, with 21 homes for sale as of September 2026 and only 4 new listings. The typical home value is $1,283,279, down 3.6% over the past year, while the median list price sits higher at $1,716,250. Homes are moving slowly, with a median of 98 days on market. Just 7.7% of listings have a price cut, so most sellers are holding list prices even as values soften. For a seller, that means pricing needs to be realistic from the start and patience may matter as much as presentation.

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Down payment20% · $256,656

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Common questions

What people ask us.

How much is a home in 90401 worth?

The typical home value in Santa Monica, CA 90401 is $1,283,279 as of September 2026, down 3.6% over the past year.

What are homes listed for in 90401?

The median list price is $1,716,250 as of September 2026, with 21 homes for sale.

How fast are homes selling in 90401?

Homes have a median of 98 days on market as of September 2026, and 4 new listings came on.

Discover

Nearby ZIP markets.

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