Santa Maria - CA housing market
The Santa Maria metro has a typical home value of $988,948, up 4.3% from a year ago. Homes are moving fast at 18 days on market, a strong seller's market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
Santa Maria housing market, October 2026
The typical Santa Maria home is worth $988,948 as of September 2026, up 0.5% from the prior month, up 1.4% over three months, and up 4.3% from a year ago. Over the past two years values have ranged from $946,248 to $988,948.
Homes are going pending in about 18 days, slower than the 16 days seen three months earlier. There are roughly 869 homes for sale, 0% fewer than a year ago. 22.3% of listings have taken a price cut (up from 20.2% three months ago).
Typical rent is $3,278 a month, up 3.3% year over year, which puts the price-to-rent ratio at 25.1.
At this week's 7.40% mortgage rate with 20% down ($197,790), the typical Santa Maria home costs about $6,714 a month including tax and insurance, which needs a household income of roughly $287,700 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($988,948) 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 4.3% over the past year. In Santa Maria - CA, that means a home worth $948,176 last year is now worth roughly $988,948.
The median sale price, what homes actually close for, is $910,275. Homes are selling at 99.2% of list price, meaning buyers have room to negotiate.
Homes listed in Santa Maria - CA sit on the market for roughly 18 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 270 new listings hit the market each month in Santa Maria - CA. There are currently 869 homes for sale, down 0.1% from a year ago.
The typical monthly rent in Santa Maria - CA is $3,279, up 3.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 25.1x, renting territory (#14 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $5,478 a month in principal and interest, $2,199 more than renting before taxes, insurance and upkeep. The two break even at a 2.87% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $950,020 | +1.3% | 26.0d |
| San Francisco - CA | $1,120,379 | +3.1% | 16.0d |
| Riverside - CA | $580,321 | +0.6% | 31.0d |
| San Diego - CA | $926,961 | +0.8% | 25.0d |
| Sacramento - CA | $572,813 | +0.0% | 22.0d |
| San Jose - CA | $1,523,615 | +0.2% | 17.0d |