Santa Maria, CA metro area Housing Market

Cool Market

Comprehensive housing market data for the Santa Maria, CA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$1.03M

9.9% YoY

Days on Market

62 days

1.6% YoY

Active Inventory

590

5.5% YoY

Homes Sold

168

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Santa Maria, CA metro area Market Summary

The Santa Maria, CA metro area housing market is cooling down. As of January 2026, the median home sale price is $1.03M, down 9.9% year-over-year. Homes are spending a median of 62 days on the market, 1.6% longer than a year ago.

There are 590 homes for sale — 5.5% more than last year. With 3.5 months of supply, this is a seller's market. 252 new listings were added during this period, down 11.9% year-over-year.

Homes are selling for 98.1% of their list price on average, suggesting room for negotiation. 22.6% of homes sell above their asking price. 20.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.5
Days on Market 62
Price Drops 20.0%
Sale-to-List Ratio 98.1%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 144.7%
Days on Market (National: 66) 6.1%
Inventory (National: 1,210,379) 100.0%

vs. California Median

Median Price (California: $780K) 32.7%
Days on Market (California: 60) 3.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 145% above the national median. Focus on rent-to-price ratios to ensure deals still cash flow.

Santa Maria, CA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$1.22M

Price per Sq Ft

$776

Sale-to-List Ratio

98.1%

Months of Supply

3.5

Sold Above List

22.6%

Price Drops

20.0%

New Listings

252

11.9% YoY

Pending Sales

223

Off Market in 2 Weeks

37.7%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.