93101 Housing Market
Median List Price
$2,547,500
Updated August 2026
Today, the 93101 ZIP code in Santa Barbara, CA has 4 homes for sale at a median list price of $2,547,500, typically selling in about 90 days.
93101 Housing Market Overview
The median list price in the 93101 ZIP code is $2.5M. Compared with Santa Barbara overall, that is a 40.1% discount. Current inventory stands at 4 active listings.
Expect a median around $949,000 for two bedroom homes and $4M at the three bedroom end. December 2025 to June 2026 saw the median price go from $1.8M to $1.2M, down about 34.8%.
93101 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 90 days to sell, and selling times have slowed 51% versus six months ago. At the same time, supply sits at 4.0 months, roughly in step with demand, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$2.55M
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.0 months of supply
Balanced Supply4 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~90 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The slowdown has deepened 51% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 93101 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
40%
Homeowners
60%
Renters
Homeownership is 15.5 points lower than the California average (55.5%)
36,618 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $526K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$3.1M)
Price Reductions
3 listings have reduced their price
75% of active listings
Average reduction: 4.4% (~$112K)
Browse 93101 Listings
Frequently Asked Questions about the 93101 Housing Market
What is the median home price in the 93101 ZIP code?
The median list price in the 93101 ZIP code is $2,547,500 as of August 2026, based on 4 active listings.
Is the 93101 ZIP code a buyer's market or a seller's market?
The 93101 ZIP code currently reads as a buyer's market. Active inventory works out to about 4.0 months of supply at the recent sales pace.
How fast do homes sell in the 93101 ZIP code?
The average home currently for sale in the 93101 ZIP code has been on the market for 90 days.
How many homes are for sale in the 93101 ZIP code?
There are 4 homes for sale in the 93101 ZIP code right now.