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Featured local agent — Santa Barbara, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Santa Barbara, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Santa Barbara, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Santa Barbara, CA Housing Market & Real Estate

Seller's market-7.5% YoY

Housing market overview · Updated monthly ·

$1.98Mmedian sale price

How is the Santa Barbara, CA housing market right now?

The median home sale price in Santa Barbara, CA is $1.98M, down 7.5% year-over-year. Homes sell in an average of 40 days with 124 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 Santa Barbara a buyer's or seller's market?

Seller's market2.1 months of supply40 avg. days on market

Santa Barbara, CA is currently a seller's market, based on 2.1 months of supply and homes selling in about 40 days. How we determine this →

Homes sold

60

Last 12 weeks

Days on market

40

Average pace

Active listings

124

2.1 months supply

Sale-to-list

98.4%

Below asking

What does the Santa Barbara housing market data show?

Current housing market statistics for Santa Barbara, CA
MetricValue
Median sale price$1.98M
Median list price$1.97M
Year-over-year price change-7.5%
Average days on market40 days
Active inventory124 listings
Months of supply2.1 months
Sale-to-list price ratio98.4%
Median price per sq ft$1,349/sq ft
Homes sold (latest month)60
New listings (latest month)58
Listings with a price cut23.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Santa Barbara by property type?

How the Santa Barbara, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Santa Barbara, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$2.29M$1,458/sq ft4438 days
Condo / Co-op$1.00M$871/sq ft1254 days
Townhouse$1.60M$1,046/sq ft267 days

Source: Redfin · Updated monthly

The Santa Barbara housing market is currently classified as a seller's market with a median sale price of $1.98M. Prices have fallen 7.5% compared to last year, with homes spending an average of 40 days on market, indicating 2.1 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 18.4x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Santa Barbara

There are currently 124 homes listed for sale in Santa Barbara, California. The median listing price is $2.0M.

Active listings

124

Homes on market

Median list price

$2.0M

Avg. days on market

40

Days until sale

New this week

58

Newly listed

Price drops:23.4%of listings
Sale-to-list:98.4%

Who lives in Santa Barbara?

Population

88,024

Median income

$101,672/yr

Median age

39.4 years

Owner-occupied

39.8%

College grads

50.2%

Avg commute

17.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Santa Barbara?

Zillow home value

$1.87M

Zillow rent index

$4,009/mo

Price-to-rent ratio

38.8x

Price-to-income

18.4x

Source: Zillow Research

What is it like to live in Santa Barbara?

Santa Barbara is a community of approximately 88K residents with a median age of 39.4 years.The median household income is $101,672, which reflects a relatively affluent area with strong earning potential. 50.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 39.8%, showing a blend of owner and renter-occupied properties. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Santa Barbara offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Santa Barbara?

32 schools tracked · 13,653 students

The largest public schools serving Santa Barbara, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Santa Barbara Senior High

Grades 9-12 · 2,046 students

Public

San Marcos Senior High

Grades 9-12 · 1,943 students

Public

La Colina Junior High

Grades 7-8 · 893 students

Public

Peabody Charter

Grades K-6 · 776 students

Charter

Santa Barbara Junior High

Grades 7-8 · 502 students

Public

Adams Elementary

Grades K-6 · 491 students

Public

Washington Elementary

Grades K-6 · 486 students

Public

Roosevelt Elementary

Grades K-6 · 477 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Santa Barbara, CA?

Want a head-to-head view? Compare Santa Barbara side-by-side with any other U.S. city using our market-comparison tool.

Is Santa Barbara a good real estate investment market?

For investors evaluating Santa Barbara, the price-to-rent ratio of 38.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 7.5% 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 Santa Barbara's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Santa Barbara's median home price.

Frequently asked questions

What is the average home price in Santa Barbara?

The median home sale price in Santa Barbara is $1.98M, down 7.5% from last year.

How long do homes stay on market in Santa Barbara?

Homes typically spend 40 days on market before going under contract.

What is the median income in Santa Barbara?

The median household income is $101,672 per year.

Is Santa Barbara a buyer's or seller's market?

With 2.1 months of supply, Santa Barbara is currently a seller's market.

What is the Zillow home value estimate for Santa Barbara?

The Zillow Home Value Index (ZHVI) for Santa Barbara is $1.87M, representing the typical home value in the area.

What is the median condo price in Santa Barbara?

The median condo/co-op sale price in Santa Barbara, CA is $1.00M, compared to $2.29M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Santa Barbara?

The median single-family home price in Santa Barbara, CA is $2.29M (about $1,458 per square foot).

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