Market Snapshot
- Median listing price
- $760K
- Median rent
- $3,595/mo
- Days on market
- 326 days
- Gross rental yield
- 5.68%
- STR vs LTR
- $5,197/mo STR · $3,595/mo LTR
The median listing price in Santa Monica, CA ZIP 90401 is $760,000 as of June 2026.
The median market rent in Santa Monica, CA ZIP 90401 is $3,595/month as of June 2026.
The median days on market in Santa Monica, CA ZIP 90401 is 326 days as of June 2026. The market is currently neutral.
At a median list price of $760,000 and a median rent of $3,595/month, the gross rental yield in Santa Monica, CA ZIP 90401 is 5.68% as of June 2026.
In Santa Monica, CA ZIP 90401, median Airbnb revenue is $5,197/month compared to median long-term rent of $3,595/month as of June 2026.
Santa Monica, CA 90401 Real Estate Market Report
ZIP Code: 90401
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Santa Monica are 6.6% compared to the 6.1% average seen earlier in 2026, indicating property owners in this market currently hold more favorable financing terms.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- median sold price is unavailable in the provided dataset, which suggests insufficient recent closed-sale data in the sample to establish a representative transaction-based market value; this absence limits direct measurement of realized pricing but does not preclude using other corroborating indicators. balanced
- median days on market (326) indicates notably slower sales velocity for recent transactions in the sample and suggests greater hold times or pricing friction rather than rapid turnover; this contributes to a cautious liquidity read for buyers and sellers. slower sales velocity
- median price per square foot (991) and median market rent (3,595) together imply high absolute pricing levels in the ZIP code while rental momentum is weakening—rent trends are down year-over-year—so total return expectations should factor in softer rent growth even as property values remain elevated. down
- interest rate pressure (moderate) and the comparison showing 30-year fixed mortgage rates at 6.6% versus 6.1% earlier in 2026 indicate a modest uplift in financing costs for new buyers; paired with a neutral market temperature and relatively constrained active supply, this environment appears balanced but sensitive to further rate movement. moderate
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold at market average
Sold at market average
Sold at market average
Sold below market average
Sold below market average
Sold below market average
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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