CA · Metro #124

Santa Maria - CA housing market

The Santa Maria metro has a typical home value of $998,746, up 1.6% from a year ago. Homes are moving fast at 14 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$998,746
+1.6% vs. year ago
Median sale price
$952,703
+4.5% YoY
Median list price
$1,421,500
Sale-to-list ratio
98.6%
Selling below ask
Days on market
14d
Listings w/ price cut
17.2%
New listings / mo
269
+2.3% YoY
Homes for sale
744
+6.1% YoY
Typical rent
$3,369/mo
+3.1% YoY
Context

How to read this data

The typical home value ($998,746) is the Zillow Home Value Index for the Santa Maria - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.6% over the past year. In Santa Maria - CA, that means a home worth $983,018 last year is now worth roughly $998,746.

The median sale price , what homes actually close for , is $952,703. Homes are selling at 98.6% of list price, meaning buyers have room to negotiate.

Homes listed in Santa Maria - CA sit on the market for roughly 14 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 269 new listings hit the market each month in Santa Maria - CA. There are currently 744 homes for sale, up 6.1% from a year ago.

The typical monthly rent in Santa Maria - CA is $3,369, up 3.1% year over year. For investors, the price-to-rent ratio here is roughly 25x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in CA

MetroHome value1-yr changeDays on market
Los Angeles - CA$969,589 +-0.0% 19.0d
San Francisco - CA$1,145,541 -1.5% 14.0d
Riverside - CA$586,623 -1.1% 26.0d
San Diego - CA$943,055 -1.5% 16.0d
Sacramento - CA$581,956 -1.8% 12.0d
San Jose - CA$1,627,300 -1.6% 12.0d
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