CA · Metro #124

Santa Maria - CA housing market

The Santa Maria metro has a typical home value of $997,506, up 2.8% from a year ago. Homes are moving fast at 16 days on market, a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$997,506
+2.8% vs. year ago
Median sale price
$978,671
+7.8% YoY
Median list price
$1,410,000
Sale-to-list ratio
99.0%
Selling below ask
Days on market
16d
Listings w/ price cut
20.2%
New listings / mo
288
-4.6% YoY
Homes for sale
820
+0.6% YoY
Typical rent
$3,294/mo
+3.6% YoY
Context

How to read this data

The typical home value ($997,506) 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 2.8% over the past year. In Santa Maria - CA, that means a home worth $970,337 last year is now worth roughly $997,506.

The median sale price , what homes actually close for , is $978,671. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.

Homes listed in Santa Maria - CA sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 20.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 288 new listings hit the market each month in Santa Maria - CA. There are currently 820 homes for sale, up 0.6% from a year ago.

The typical monthly rent in Santa Maria - CA is $3,294, up 3.6% 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$968,028 +0.6% 21.0d
San Francisco - CA$1,142,320 +0.1% 15.0d
Riverside - CA$586,047 -0.6% 26.0d
San Diego - CA$940,998 -0.6% 17.0d
Sacramento - CA$584,122 -1.3% 14.0d
San Jose - CA$1,583,961 -0.9% 16.0d
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