Market Intelligence · CA / Santa Monica

Santa Monica, CA 90405 Housing Market

Typical homes in Santa Monica's 90405 ZIP are valued at $1,934,558, up 5.3% over the past year. The median list price stands at $1,399,000, with homes taking a median 50 days to sell.

Updated August 2026Median value$1893K

The median home value in Santa Monica, CA 90405 is $1.89M as of August 2026, up 5.7% 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 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

+5.7% over 12 months

Typical home value in 90405 over the last 12 months: $1.79M in Aug 2025 to $1.89M in Aug 2026 (+5.7%).

Aug 2025$1.79M

Aug 2026$1.89M

The numbers

What is the 90405 housing market like?

Typical home value

$1.89M

Up5.7%YoY

Median list price

$1.4M

Down6.5%MoM

Days on market

50

Up19.0%MoM

Homes for sale

59

Up1.7%MoM

Price cuts

11.8%

Up53.9%MoM

New listings

24

Up33.3%MoM

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

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The comparison

How do 90405 home prices compare?

  • 90405$1,893,383
  • 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 90405 ZIP shows steady price appreciation alongside moderate inventory. There are currently 59 homes for sale, with 24 new listings added recently. The median time on market of 50 days reflects a market that is neither racing nor stalled. An 11.8% share of listings have already seen price cuts, suggesting some sellers are testing market appetite. If you're considering a sale, expect a measured pace and realistic pricing to matter more than speed.

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