What is the typical home value in Santa Monica 90403?

The typical home value in 90403 is $1,446,615, having declined 0.5% over the past year.

How long do homes stay on the market in Santa Monica 90403?

The median days on market is 48, indicating a moderate sales pace for the area.

What percentage of homes have reduced prices?

24.0% of current listings in 90403 have had a price reduction since being listed.

Market Intelligence · CA / Santa Monica

Santa Monica, CA 90403 Housing Market

Typical homes in Santa Monica's 90403 ZIP are valued at $1,446,615, down 0.5% over the past year. The median list price stands at $1,437,000, with homes spending a median of 48 days on market.

Updated August 2026Median value$1450K

The median home value in Santa Monica, CA 90403 is $1.45M as of August 2026, down 0.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 90403 range

$1.33M to $1.57M

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

-0.1% over 12 months

Aug 2025$1.45M

Low $1.45MHigh $1.48M

Aug 2026$1.45M

The numbers

What is the 90403 housing market like?

As of August 2026

Typical home value

$1.45M

0.1%YoY

Median list price

$1.44M

2.2%MoM

Days on market

11.6%MoM

Homes for sale

4.9%MoM

Price cuts

24.0%

124.9%MoM

New listings

52.9%MoM

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

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The comparison

How do 90403 home prices compare?

90403$1,449,745
Santa Monica$1,449,745
California$694,777
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Santa Monica: 5 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are currently 64 homes for sale in the area, with 16 new listings as of early August 2026. About one in four listings, or 24.0% of the active supply, has already seen a price reduction. Homes are moving at a moderate pace relative to the asking prices in this market. For sellers, the slight year-over-year decline in typical home value combined with the prevalence of price cuts suggests this is a balanced market where pricing strategy matters.

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