Market Intelligence · CA / Santa Monica

Santa Monica, CA 90404 Housing Market

The typical home in 90404 is valued at $1,048,458, down 2.5% over the past year. The median list price stands at $1,224,500, with homes spending a median of 32 days on market.

Updated August 2026Median value$1035K

The median home value in Santa Monica, CA 90404 is $1.03M as of August 2026, down 2.5% 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 90404 range

$952K to $1.12M

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

-2.5% over 12 months

Typical home value in 90404 over the last 12 months: $1.06M in Aug 2025 to $1.03M in Aug 2026 (-2.5%).

Aug 2025$1.06M

Aug 2026$1.03M

The numbers

What is the 90404 housing market like?

Typical home value

$1.03M

Down2.5%YoY

Median list price

$1.22M

Up8.9%MoM

Days on market

32

Down47.5%MoM

Homes for sale

43

Up34.4%MoM

Price cuts

18.8%

Up139.2%MoM

New listings

20

Up66.7%MoM

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

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The comparison

How do 90404 home prices compare?

  • 90404$1,034,517
  • 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

Santa Monica's 90404 ZIP has 43 homes for sale as of August 2026, with 20 new listings recently hitting the market. The median list price of $1,224,500 reflects the area's persistent premium, though the typical home value has declined 2.5% annually. Homes are moving at a moderate pace, averaging 32 days on market. Price reductions are appearing on 18.8% of active listings, a sign that some sellers are adjusting to current conditions. For owners considering a sale, the data suggests a market that rewards realistic pricing.

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