4-week rolling average · Data through March 12, 2026 · ZIP 90401
Santa Monica's 90401 zip code is running hot as of March 2026, with a competition score of 90 out of 100 and a median days on market of just 11 days across only 22 active listings. The median asking price for single-family homes sits at $3,250,000, with price per square foot averaging $988.14, reflecting the premium buyers are willing to seek in this coastal market. Tight supply and rapid turnover define the current landscape here.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $1.32M | $3K/mo |
| 2BR | $2.00M | $4K/mo |
| 3BR | $3.25M | $5K/mo |
| 6BR | $6.75M | — |
With just 22 active listings and a median of 11 days on market, sellers are operating in an exceptionally low-inventory environment that keeps asking prices elevated. The median asking price of $3,250,000 for single-family homes signals strong positioning for sellers who price competitively from the start.
Buyers in 90401 should be prepared to move quickly, as homes are sitting on the market for a median of only 11 days and inventory is limited to 22 active listings. With a median asking price of $3,250,000 and price per square foot at $988.14, having financing clearly arranged in advance is essential in this fast-moving market.
The rental market in 90401 shows 89 active rental listings with a median rent of $3,475, and a 3-bedroom rental asking $5,195 per month compared to a 3-bedroom sale asking price of $3,250,000. Investors should carefully model carrying costs against rental income potential, particularly given a 30-year mortgage rate of 6.37% on high-priced assets in this zip code.
The current 30-year fixed mortgage rate of 6.37% and 15-year rate of 5.72% have a significant impact on monthly payment calculations at Santa Monica's asking price levels. Buyers considering a $3,250,000 home should evaluate whether a 15-year term at 5.72% aligns with their financial goals, as the rate differential can produce meaningful long-term interest savings.
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Market intelligence by FarmPosts