Home Values

93103 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$1,080,600

  • 9.6% 1-year change
  • 4.6% 1-year forecast

The median home value in 93103 is $1,080,600. 93103 home values have gone up 9.6% over the past year and Zillow predicts they will rise 4.6% within the next year. The median list price per square foot in 93103 is None. The median rent price in 93103 is $6,000.

Foreclosures will be a factor impacting home values in the next several years. In 93103 3.9 homes are foreclosed (per 10,000). This is greater than the Santa Barbara value of 1.1 and also the same as the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 93103 homeowners underwater on their mortgage is 5.6%, which is higher than Santa Barbara at 3.7%.

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Relative ZHVI
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93103 Market Overview

Data through Apr 30, 2015
  • $1,080,600 ZHVI
  • 4.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $1,425,000 Median sale price (Mar 31, 2015)
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93103 Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 5.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3.9 homes(Feb 28, 2015) 93103
1.1 homes Santa Barbara
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
93108 $2,573,200
93109 $1,050,900
93110 $966,300
Name Median ZHVI
93105 $950,200
93111 $801,900
93101 $783,600
Name Median ZHVI
93013 $721,300
 
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $723 Median sale price / sq ft
  • No data Listings with price cut
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93103 Rentals

Data through Apr 30, 2015
  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $6,000 Rent list price (Mar 31, 2015)
  • $2.88 Rent list price / sq ft (Mar 31, 2015)
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