Santa Monica Pier Area/Ocean Avenue, CA Housing Market

$1,842,479

1.5% 1-yr

The average Santa Monica Pier Area/Ocean Avenue, CA home value is $1,842,479, down 1.5% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Santa Monica Pier Area/Ocean Avenue Key Takeaways

Typical Home Values: $1,842,479

1-year Value Change: -1.5%

(Data through July 31, 2025)

Santa Monica Pier Area/Ocean Avenue Housing Market Overview

--1-year Market Forecast

33For sale inventory(July 31, 2025)

--New listings(July 31, 2025)

--Median sale to list ratio

--Median sale price(June 30, 2025)

$2,164,833Median list price(July 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Downtown/Third Street Promenade$1,085,973
Ocean Park$1,276,643
Wilshire/Montana$1,312,221
Pico District$1,201,097
North of Montana$4,467,206
Mid-City$1,046,730
Sunset Park$2,150,002
Northeast$2,597,291
Venice$1,797,758

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Santa Monica Pier Area/Ocean Avenue Homes for Sale

$5,895,900

2 bd3 ba1,835 sqft

1755 Ocean Ave PH 9A/9B

View Santa Monica Pier Area/Ocean Avenue listings

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Santa Monica Pier Area/Ocean Avenue Rental Market Trends

--Average rent in Santa Monica Pier Area/Ocean Avenue

$2,072National average rent(July 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.