CA · Metro #124

Santa Maria - CA housing market

The Santa Maria metro has a typical home value of $1,005,339, up 2.2% from a year ago. Homes are moving fast at 16 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$1,005,339
+2.2% vs. year ago
Median sale price
$965,898
+7.4% YoY
Median list price
$1,405,667
Sale-to-list ratio
98.9%
Selling below ask
Days on market
16d
Listings w/ price cut
19.3%
New listings / mo
287
+1.1% YoY
Homes for sale
786
+4.4% YoY
Typical rent
$3,338/mo
+3.5% YoY
Context

How to read this data

The typical home value ($1,005,339) 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 2.2% over the past year. In Santa Maria - CA, that means a home worth $983,698 last year is now worth roughly $1,005,339.

The median sale price , what homes actually close for , is $965,898. Homes are selling at 98.9% 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 19.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 287 new listings hit the market each month in Santa Maria - CA. There are currently 786 homes for sale, up 4.4% from a year ago.

The typical monthly rent in Santa Maria - CA is $3,338, up 3.5% 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$968,608 +0.3% 19.0d
San Francisco - CA$1,149,215 -0.8% 14.0d
Riverside - CA$585,378 -0.8% 25.0d
San Diego - CA$946,365 -1.1% 16.0d
Sacramento - CA$582,707 -1.6% 12.0d
San Jose - CA$1,610,466 -1.4% 13.0d
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