90402 Housing Market
Median List Price
$5,672,500
Updated August 2026
Today, the 90402 ZIP code in Santa Monica, CA has 44 homes for sale at a median list price of $5,672,500, typically selling in about 55 days.
90402 Housing Market Overview
Homes in the 90402 ZIP code carry a median list price of $5.7M. That runs roughly 279.4% higher than Santa Monica as a whole. The median price moved from $4.5M in February to $7.5M in July, a 67.8% increase over six months. Right now 44 homes are on the market in the 90402 ZIP code. Six bedroom homes carry the highest medians at $13M, with one bedroom homes starting the range at $650,000.
90402 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 7% over the last six months and 23% over the past year, yet the typical home takes about 55 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$5.67M
↑ 23% over the past yearChart 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 Supply44 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 ~55 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90402 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
29%
Homeowners
71%
Renters
Homeownership is 26.5 points lower than the California average (55.5%)
46,457 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.8M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$3.0M)
Price Reductions
9 listings have reduced their price
20% of active listings
Average reduction: 9.9% (~$564K)
Browse 90402 Listings
Frequently Asked Questions about the 90402 Housing Market
What is the median home price in the 90402 ZIP code?
The median list price in the 90402 ZIP code is $5,672,500 as of August 2026, based on 44 active listings.
Is the 90402 ZIP code a buyer's market or a seller's market?
The 90402 ZIP code currently reads as a balanced market. Active inventory works out to about 4.0 months of supply at the recent sales pace.
How fast do homes sell in the 90402 ZIP code?
The average home currently for sale in the 90402 ZIP code has been on the market for 55 days.
Are home prices in the 90402 ZIP code going up or down?
The median sale price in the 90402 ZIP code is up about 23.4% compared with a year ago.
How many homes are for sale in the 90402 ZIP code?
There are 44 homes for sale in the 90402 ZIP code right now, including 5 listed within the last week.