90403 Housing Market
Median List Price
$1,449,000
Updated August 2026
Today, the 90403 ZIP code in Santa Monica, CA has 63 homes for sale at a median list price of $1,449,000, typically selling in about 39 days.
90403 Housing Market Overview
The 90403 ZIP code currently shows a median list price of $1.4M. That is about 3.1% below the Santa Monica median. There are 63 homes currently listed for sale in the 90403 ZIP code.
One bedroom homes are the most affordable tier at a median of $705,000, while six bedroom homes top the range at $10.8M. Over the last six months, the median price has eased about 13.8%, from $1.9M in February to $1.6M in July.
90403 Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 60% versus six months ago, yet 7.0 months of supply is more than current demand absorbs, and 38% 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
$1.45M
↓ 8% 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
7.0 months of supply
Ample Supply63 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~39 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 60% faster than 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 54% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90403 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
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $986K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.2M)
Price Reductions
24 listings have reduced their price
38% of active listings
Average reduction: 4.5% (~$65K)
Browse 90403 Listings
Frequently Asked Questions about the 90403 Housing Market
What is the median home price in the 90403 ZIP code?
The median list price in the 90403 ZIP code is $1,449,000 as of August 2026, based on 63 active listings.
Is the 90403 ZIP code a buyer's market or a seller's market?
The 90403 ZIP code currently reads as a balanced market. Active inventory works out to about 7.0 months of supply at the recent sales pace.
How fast do homes sell in the 90403 ZIP code?
The average home currently for sale in the 90403 ZIP code has been on the market for 39 days.
Are home prices in the 90403 ZIP code going up or down?
The median sale price in the 90403 ZIP code is down about 8.1% compared with a year ago.
How many homes are for sale in the 90403 ZIP code?
There are 63 homes for sale in the 90403 ZIP code right now, including 5 listed within the last week.