Resort & second-home market · California · June 2026 data

Santa Barbara Real Estate Market

The Santa Barbara, CA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Santa Barbara report in a click.

Median listing price
$1.75M
▼ 10.4% YoY
Median $ / sq ft
$892
2,041 sq ft median
Median days on market
51
June 2026
Active listings
638
For sale now
New listings
336
June 2026
Listings with price cuts
14%
Share of active
Median listing price trend
$2.19M$2.07M$1.96M$1.84M Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Santa Barbara CA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$2.12M$1.85M$1.58M$1.32M '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Santa Barbara CA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
638
New this month
336
Pending
254
Price-reduced
92

As of June 2026, the median home listed in Santa Barbara, CA asks $1.75M — down 10.4% from a year ago. Homes are taking a median of 51 days to go under contract, and 14% of the 638 active listings have taken a price cut, which points to a balanced market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
40/100
#665 of 932 covered metros
12-month outlook
+0.4%
Flat · model output, not advice
Price volatility
High
σ 9.3% · 20-yr price-index swings
Momentum
49
Value
23
Rental yield
4
Supply risk
24
Market heat
51

Santa Barbara scores 40/100 on our composite Investor Score (#665 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 52% over five years and +87% over ten, leaving prices 57% above its own 2000–2019 trend; at the published FY2026 fair market rent of $3,124/mo for a two-bedroom, the gross rental yield on the median listing is about 2.1%; active inventory sits at 61% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 10.4% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Santa Barbara ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$7,875/mo
−$896/mo vs today
At today's rate · 6.43%
$8,771/mo
National weekly average
If rates rise 1% · 7.43%
$9,707/mo
+$936/mo vs today

Principal & interest on the $1.75M median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
1,397
▲ 94.3% vs 2024
3.1 per 1,000 residents
Net migration (2022–2023)
-3,510
▼ people, via tax-return records
net income flow +$59.6M/yr
Job growth (YoY)
+0.4%
▲ 190.0k nonfarm jobs · May 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Santa Barbara market news

Recent headlines suggest Santa Barbara's housing market is considered "pure luxury," with some indicators showing an understanding of its current state. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Santa Barbara market FAQs

What is the median home price in Santa Barbara?
As of June 2026, the median listing price in Santa Barbara, CA is $1.75M, down 10.4% year over year (source: public records and industry data).
How fast are homes selling in Santa Barbara?
The median property in Santa Barbara spends 51 days on the market, with 638 homes actively listed and 14% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Santa Barbara?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Santa Barbara and the wider California market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.