93117 — Santa Barbara County, California Market Snapshot
Housing market data for zip code 93117 in Santa Barbara County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
26 sales in 2026 (year to date)
Median Sale Price
$1,580,000
Days to Sell
33
Homes Sold
26
Inventory
21
Sale-to-List
101.1%
New Listings
31
Price/SqFt
$909
Pending Sales
30
Jumbo Loan Likely Needed
The median home in 93117 at $1,580,000 exceeds the 2026 conforming loan limit of $941,850 by $638,150. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
93117's market is balanced with homes taking an average of 33 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 93117 (101.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 93117 at $1,580,000 exceeds the 2026 conforming loan limit of $941,850 by $638,150. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 93117 are set at the county level.
2026 Loan Limits — Santa Barbara County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $941,850 | $941,850 |
| 2 Units | $1,205,750 | $1,205,750 |
| 3 Units | $1,457,450 | $1,457,450 |
| 4 Units | $1,811,300 | $1,811,300 |
Affordability Snapshot — Zip 93117
To purchase the median home at $1,580,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $12,255.
Monthly Payment
$12,255
Income Required
$525,234
Principal & Interest
$9,735/mo
Down Payment (5%)
$79,000
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 93117.
Estimated Monthly Payment
$9,928
Jumbo loan required. Loan amount exceeds the $941,850 conforming limit for 93117.
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