Market Intelligence · CA / Santa Monica

Santa Monica, CA 90403 Housing Market

The typical home value in Santa Monica's 90403 ZIP code is $1,436,512, down 0.2% over the past year as of September 2026. The median list price is $1,486,750, and homes spend a median of 48 days on the market.

Updated September 2026Median value$1437K

The median home value in Santa Monica, CA 90403 is $1.44M as of September 2026, down 0.2% 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 90403 range

$1.32M to $1.55M

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

-0.2% over 12 months

Sep 2025$1.44M

Low $1.44MHigh $1.47M

Sep 2026$1.44M

The numbers

What is the 90403 housing market like?

As of September 2026

Typical home value

$1.44M

0.2%YoY

Median list price

$1.49M

3.5%MoM

Days on market

0.0%MoM

Homes for sale

4.7%MoM

Price cuts

8.7%

63.8%MoM

New listings

25.0%MoM

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

The outlook

90403 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90403 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 90403 fell 0.2%, per the Zillow Home Value Index.

Will home prices drop in 90403?

Zillow's forecast does not call for a drop: it expects typical home values in 90403 to rise 1.4% by September 2027, after a 0.2% 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 90403 home prices compare?

90403$1,436,512
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

As of September 2026, there are 61 homes for sale in 90403, with 20 new listings hitting the market. The median list price stands at $1,486,750, and homes take a median of 48 days to sell. Only 8.7% of listings have had a price cut. Typical home values sit at $1,436,512, down 0.2% over the past year. For sellers, the picture is steady rather than weak, but pricing accurately from day one still matters in a market where values are essentially flat.

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Home price

Down payment20% · $287,302

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Common questions

What people ask us.

How much is a home in 90403 worth?

The typical home value in 90403 is $1,436,512 as of September 2026, down 0.2% over the past year.

How long does it take to sell a home in 90403?

Homes in 90403 spend a median of 48 days on the market as of September 2026.

Are sellers cutting prices in 90403?

As of September 2026, 8.7% of listings in 90403 have had a price cut.

Discover

Nearby ZIP markets.

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