93105, Santa Barbara, CA

The 93105 zip code of Santa Barbara, CA has a median home value of $1,078,000. The home equity in this zip code is $527,000. This means that the average homeowner in this zip code has over 50% of their home equity invested in their home.

Home prices have been on the rise for many years now in the 93105 zip code of Santa Barbara. In fact, according to Zillow’s Home Value Index, the average home value has increased by 9% since 2013! This is definitely good news for homeowners who are looking to increase their net worth and invest in their homes.

There are a few factors that have contributed to the increase in home values in this zip code: 1) an influx of new residents due to the growth of Santa Barbara; 2) low interest rates; and 3) strong economic conditions overall. It’s likely that these trends will continue into the future as long as there are no major unforeseen events that could impact housing prices negatively.

Overall, it’s clear that homeownership is becoming more and more popular in the 93105 zip code of Santa Barbara – which is great news for those who want to invest in their homes and build up their net worth!