90404 Housing Market
Median List Price
$1,099,888
Updated August 2026
Today, the 90404 ZIP code in Santa Monica, CA has 41 homes for sale at a median list price of $1,099,888, typically selling in about 48 days.
90404 Housing Market Overview
Buyers in the 90404 ZIP code are looking at a median list price of $1.1M. Compared with Santa Monica overall, that is a 26.4% discount. Since February, the median price has moved down about 1.3% to $967,500 as of July. The 90404 ZIP code has 41 active listings on the market right now. Pricing spreads from a $799,000 median for one bedroom homes to $2.2M for four bedroom homes.
90404 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 14% over the last six months, yet supply sits at 5.9 months, roughly in step with demand, and 34% 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
$1.10M
↓ 1% 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
5.9 months of supply
Balanced Supply41 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 ~48 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. The trend is moving the other way though, with selling times down 18% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 90404 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 $188K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$920K)
Price Reductions
14 listings have reduced their price
34% of active listings
Average reduction: 6.0% (~$66K)
Browse 90404 Listings
Frequently Asked Questions about the 90404 Housing Market
What is the median home price in the 90404 ZIP code?
The median list price in the 90404 ZIP code is $1,099,888 as of August 2026, based on 41 active listings.
Is the 90404 ZIP code a buyer's market or a seller's market?
The 90404 ZIP code currently reads as a balanced market. Active inventory works out to about 5.9 months of supply at the recent sales pace.
How fast do homes sell in the 90404 ZIP code?
The average home currently for sale in the 90404 ZIP code has been on the market for 48 days.
Are home prices in the 90404 ZIP code going up or down?
The median sale price in the 90404 ZIP code is roughly flat compared with a year ago.
How many homes are for sale in the 90404 ZIP code?
There are 41 homes for sale in the 90404 ZIP code right now, including 3 listed within the last week.