93111 Housing Market
Median List Price
$2,219,000
Updated August 2026
Today, the 93111 ZIP code in Santa Barbara, CA has 4 homes for sale at a median list price of $2,219,000, typically selling in about 35 days.
93111 Housing Market Overview
Homes in the 93111 ZIP code carry a median list price of $2.2M. That runs roughly 47.8% lower than Santa Barbara as a whole. The median price moved from $1.9M in January to $2.2M in June, a 14.5% increase over six months. Right now 4 homes are on the market in the 93111 ZIP code. Three bedroom homes carry the highest medians at $2.5M, with four bedroom homes starting the range at $1.9M.
93111 Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 35 days, yet 25% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$2.22M
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
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 93111 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 $-538K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$-538K)
Price Reductions
1 listings have reduced their price
25% of active listings
Average reduction: 9.7% (~$215K)
Browse 93111 Listings
Frequently Asked Questions about the 93111 Housing Market
What is the median home price in the 93111 ZIP code?
The median list price in the 93111 ZIP code is $2,219,000 as of August 2026, based on 4 active listings.
Is the 93111 ZIP code a buyer's market or a seller's market?
The 93111 ZIP code currently reads as a balanced market.
How fast do homes sell in the 93111 ZIP code?
The average home currently for sale in the 93111 ZIP code has been on the market for 35 days.
How many homes are for sale in the 93111 ZIP code?
There are 4 homes for sale in the 93111 ZIP code right now.