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Featured local agent — Isla Vista, CA
Sarah Mitchell
Compass Real Estate · Isla Vista, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Isla Vista, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.64Mmedian sale price
How is the Isla Vista, CA housing market right now?
The median home sale price in Isla Vista, CA is $1.64M, down 22.0% year-over-year. Homes sell in an average of 43 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Isla Vista a buyer's or seller's market?
Isla Vista, CA is currently a seller's market, based on 1.0 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
43
Average pace
Active listings
2
1.0 months supply
Sale-to-list
100.0%
Above asking
What does the Isla Vista housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.64M |
| Median list price | $1.68M |
| Year-over-year price change | -22.0% |
| Average days on market | 43 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $1,132/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Isla Vista by property type?
How the Isla Vista, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.59M | $1,132/sq ft | 1 | 43 days |
Source: Redfin · Updated monthly
The Isla Vista housing market is currently classified as a seller's market with a median sale price of $1.64M. Prices have fallen 22.0% compared to last year, with homes spending an average of 43 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 63.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Isla Vista
There are currently 2 homes listed for sale in Isla Vista, California. The median listing price is $1.7M.
Active listings
2
Homes on market
Median list price
$1.7M
Avg. days on market
43
Days until sale
New this week
1
Newly listed
Who lives in Isla Vista?
Population
13,717
Median income
$24,428/yr
Median age
21.2 years
Owner-occupied
1.0%
College grads
40.8%
Avg commute
15.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Isla Vista?
Zillow home value
$1.56M
Zillow rent index
$3,679/mo
Price-to-rent ratio
35.2x
Price-to-income
63.7x
Source: Zillow Research
What is it like to live in Isla Vista?
Isla Vista is a community of approximately 14K residents with a median age of 21.2 years.The median household income is $24,428, which represents a working-class community with solid middle-income opportunities. 40.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 1.0%, showing a blend of owner and renter-occupied properties. The average commute time is 15.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Isla Vista offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Isla Vista, CA?
Want a head-to-head view? Compare Isla Vista side-by-side with any other U.S. city using our market-comparison tool.
Is Isla Vista a good real estate investment market?
For investors evaluating Isla Vista, the price-to-rent ratio of 35.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 22.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Isla Vista's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Isla Vista's median home price.
Frequently asked questions
What is the average home price in Isla Vista?
The median home sale price in Isla Vista is $1.64M, down 22.0% from last year.
How long do homes stay on market in Isla Vista?
Homes typically spend 43 days on market before going under contract.
What is the median income in Isla Vista?
The median household income is $24,428 per year.
Is Isla Vista a buyer's or seller's market?
With 1.0 months of supply, Isla Vista is currently a seller's market.
What is the Zillow home value estimate for Isla Vista?
The Zillow Home Value Index (ZHVI) for Isla Vista is $1.56M, representing the typical home value in the area.
How much does a single-family home cost in Isla Vista?
The median single-family home price in Isla Vista, CA is $1.59M (about $1,132 per square foot).
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