93108, Santa Barbara, CA

The 93108 zip code of Santa Barbara, CA has a median home value of $1,098,000. This is higher than the California statewide median home value of $740,000. The 93108 zip code also has a higher than average percentage of homes with equity (over 50%) at 66%.

There are several factors that contribute to the high home values in the 93108 zip code. One reason is that Santa Barbara is a desirable location and has a high population density which drives up demand for housing. Additionally, many homes in this area were built in the 1960s and 1970s which are considered to be some of the most valuable years to own a home. Finally, Santa Barbara has been experiencing strong economic growth over the past few years which has led to an increase in home prices.