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Market Intelligence · CA / Santa Monica

Santa Monica, CA 90405 Housing Market

The typical home value in Santa Monica, CA 90405 is $1,887,882, up 5.4% over the past year as of September 2026. The median list price is $1,482,500, and homes spend a median of 46 days on the market.

Updated September 2026Median value$1888K

The median home value in Santa Monica, CA 90405 is $1.89M as of September 2026, up 5.4% 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 90405 range

$1.74M to $2.04M

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

+5.4% over 12 months

Typical home value in 90405 over the last 12 months: $1.79M in Sep 2025 to $1.89M in Sep 2026 (+5.4%).

Sep 2025$1.79M

Sep 2026$1.89M

The numbers

What is the 90405 housing market like?

Typical home value

$1.89M

Up5.4%YoY

Median list price

$1.48M

Up6.0%MoM

Days on market

46

Down8.0%MoM

Homes for sale

52

Down11.9%MoM

Price cuts

11.7%

Down0.3%MoM

New listings

22

Down8.3%MoM

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

The outlook

90405 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 90405 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 90405 rose 5.4%, per the Zillow Home Value Index.

Will home prices drop in 90405?

Zillow's forecast does not call for a drop: it expects typical home values in 90405 to rise 1.4% by September 2027, after a 5.4% 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 90405 home prices compare?

  • 90405$1,887,882
  • 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

Santa Monica's 90405 ZIP code has 52 homes for sale as of September 2026, with 22 new listings coming to market. The median list price is $1,482,500, while the typical home value sits at $1,887,882, up 5.4% over the past year. Homes take a median of 46 days to sell, and 11.7% of listings have taken a price cut. The pace is moderate rather than frantic, which gives buyers some room to negotiate. For a seller, values are still rising, but pricing correctly from the start matters more than it would in a faster market.

Monthly payment

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20% · $377,576

Common questions

What people ask us.

How much is a home in 90405 worth?

The typical home value in 90405 is $1,887,882, up 5.4% over the past year as of September 2026.

How long does it take to sell a home in 90405?

Homes in 90405 spend a median of 46 days on the market as of September 2026.

How competitive is the 90405 housing market?

There are 52 homes for sale and 22 new listings as of September 2026, and 11.7% of listings have taken a price cut.

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