93110, Santa Barbara, CA

The Santa Barbara zip code of 93110 has a median home value of $1,098,000 and a median home equity value of $527,000. These values are significantly higher than the statewide median home value of $481,500 and statewide median home equity value of $297,500. The Santa Barbara zip code is also significantly higher than the national median home value of $177,200 and national median home equity value of $142,700.

There are several factors that may contribute to the high values in the Santa Barbara zip code. First, the area is popular with wealthy individuals and families who appreciate its scenic beauty and quality of life. Second, there is a strong demand for housing in this area due to its proximity to major universities and businesses in downtown Santa Barbara as well as other desirable areas such as Montecito and Goleta. Third, property taxes in this zip code are among the highest in California due to its high concentration of expensive homes. Finally, there is a limited supply of homes available for sale which has driven up prices relative to other areas in California.