Zip 90402 (Santa Monica, CA) Housing

The housing market in 90402 Santa Monica, CA is very strong. The median value of a home in the area currently stands at $4,178,600 which is higher than the US median value of $338,100. Home values have appreciated 8.62% over the last year, slightly above the US average appreciation rate of 8.27%. This strong appreciation trend indicates that Santa Monica real estate remains an attractive investment opportunity for homeowners and investors alike.

The median home cost in Santa Monica (zip 90402) is $4,178,600. Home appreciation the last 10 years has been 129.2%. Home Appreciation in Santa Monica (zip 90402) is up 14.9%.

Average Age of Homes

- The median age of Santa Monica (zip 90402) real estate is 60 years old

The Rental Market in Santa Monica (zip 90402)

- Renters make up 29.7% of the Santa Monica (zip 90402) population
- 3.3% of houses and apartments in Santa Monica (zip 90402), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Santa Monica, California	United States
	5,805.0	139,647,020.0
	63	42
	$4,178,600	$338,100
	14.9%	16.6%
	51.3%	57.0%
	129.2%	101.1%
	$7.23	$10.98
	$10,001	$2,690
	61.2%	57.4%
	15.5%	11.2%
	23.3%	31.4%
Vacant Housing
	3.3%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.7%	0.4%
	4.3%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.0%	20.1%
	0.4%	13.6%
	0.0%	8.3%
	2.6%	9.7%
	7.5%	3.9%
	7.2%	2.2%
	3.7%	0.8%
	78.7%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	5.4%	13.6%
	7.6%	13.2%
	15.4%	14.8%
	5.4%	13.6%
	13.3%	10.0%
	9.4%	4.7%
	29.4%	12.2%

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