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Market Intelligence · CA / Santa Monica

Santa Monica, CA 90402 Housing Market

The typical home value in Santa Monica's 90402 ZIP code is $4,852,570, up 12.7% over the past year as of September 2026. The median list price is $5,972,500, and homes spend a median of 39 days on market.

Updated September 2026Median value$4853K

The median home value in Santa Monica, CA 90402 is $4.85M as of September 2026, up 12.7% 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 90402 range

$4.46M to $5.24M

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

+12.7% over 12 months

Typical home value in 90402 over the last 12 months: $4.31M in Sep 2025 to $4.85M in Sep 2026 (+12.7%).

Sep 2025$4.31M

Sep 2026$4.85M

The numbers

What is the 90402 housing market like?

Typical home value

$4.85M

Up12.7%YoY

Median list price

$5.97M

Up8.7%MoM

Days on market

39

Down45.1%MoM

Homes for sale

55

Up10.0%MoM

Price cuts

7.7%

Down15.4%MoM

New listings

34

Up112.5%MoM

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

The outlook

90402 housing market forecast 2027

+2.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90402 to rise 2.1% by September 2027.

Over the 12 months through September 2026, typical home values in 90402 rose 12.7%, per the Zillow Home Value Index.

Will home prices drop in 90402?

Zillow's forecast does not call for a drop: it expects typical home values in 90402 to rise 2.1% by September 2027, after a 12.7% 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 90402 home prices compare?

  • 90402$4,852,570
  • 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

Sellers in 90402 are working from a position of strength, with the typical home value at $4,852,570 and a gain of 12.7% over the past year. As of September 2026, there were 55 homes for sale and 34 new listings, so buyers have some choice but inventory remains limited relative to demand. Homes move at a measured pace, spending a median of 39 days on market, and only 7.7% of listings have taken a price cut. The median list price of $5,972,500 sits above the typical value, which suggests sellers are pricing confidently. For a homeowner considering a sale, the data points to a market where well-priced homes still find buyers without widespread discounting.

Monthly payment

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20% · $970,514

Common questions

What people ask us.

How much is a home in 90402 worth?

The typical home value in 90402 is $4,852,570 as of September 2026, up 12.7% over the past year. The median list price is $5,972,500.

How fast are homes selling in 90402?

Homes in 90402 spend a median of 39 days on market as of September 2026. That indicates steady buyer interest rather than a frenzy.

Are sellers cutting prices in 90402?

Only 7.7% of listings in 90402 had a price cut as of September 2026. Most sellers are holding their asking prices.

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