| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $1.75M | -10.4% YoY |
| Median price per sq ft | $892 | 2,041 sq ft median |
| Median days on market | 51 | +0% YoY |
| Active listings | 638 | -3% YoY |
| New listings this month | 336 | June 2026 |
| Listings with a price cut | 14% | Share of active |
| Gross rental yield | 2.1% | 2BR fair market rent |
Resort & second-home market · California · June 2026 data
Santa Barbara Real Estate Market
As of June 2026, the median home listed in Santa Barbara, CA asks $1.75M — down 10.4% year over year. Homes sell in a median of 51 days, with 638 active listings and 14% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.
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
Santa Barbara housing market statistics
The table summarizes Santa Barbara's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.
How have home prices changed in Santa Barbara?
Santa Barbara home prices are down 10.4% year over year and -2.9% month over month as of June 2026, at a $1.75M median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Santa Barbara CA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Santa Barbara CA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Santa Barbara?
Santa Barbara has 638 active listings, 336 new this month, 254 pending as of June 2026. About 14% of active listings have cut their price, and inventory sits at 61% of its 2019 level — a balanced market by pace.
Is Santa Barbara a good real estate investment?
Santa Barbara scores 40/100 on WealthyBud's composite Investor Score, ranking #665 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
40/100
#665 of 932 covered metros
Price volatility
High
σ 9.3% · 20-yr price-index swings
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.
How much is a monthly mortgage payment in Santa Barbara?
A home at Santa Barbara's $1.75M median listing runs about $8,771 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.
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.
What is driving the Santa Barbara housing market?
Longer-run demand in Santa Barbara shows up in 1,397 homes permitted in 2025; net migration of -3,510 residents; +0.4% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
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.
What is the latest Santa Barbara real estate news?
Understanding Today’s Santa Barbara Housing MarketThe Santa Barbara Independent · 2026-04-30→Los Angeles housing indicatorsfirsttuesday Journal · 2026-06-24→Santa Barbara, San Luis Obispo Rank Among America's Top ‘Pure Luxury’ Housing Markets, Study Findsedhat · 2026-04-13→California Home Sales Hit 8-Month High—These Counties Came Out on TopRealtor.com · 2025-12-02→
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 by ZIP code
Median price, pace and inventory for 10 Santa Barbara ZIPs — the spread behind the metro number.
Explore DirectoryTop agents in Santa Barbara
The highest-producing real estate agents in Santa Barbara, ranked by recent sales.
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The groups setting production records nationwide.
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Hours, exam and the commission that regulates California agents.
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What real estate agents actually earn across California.
ReadSanta Barbara housing market FAQ
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 much does it cost to buy a home in Santa Barbara?
The median home listed in Santa Barbara asks $1.75M as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $8,771 a month in principal and interest, before taxes, insurance and HOA.
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 as of June 2026.
Is it a buyer's or seller's market in Santa Barbara?
With a median 51 days on market and 14% of active listings carrying a price cut, Santa Barbara reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Santa Barbara a good place to invest in real estate?
Santa Barbara scores 40/100 on WealthyBud's Investor Score, ranking #665 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
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, ranked by recent sales from public profile data.
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.
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