93454, Santa Maria, CA

Home Equity and Home Prices in the 93454 Zip Code of Santa Maria, CA

The 93454 zip code of Santa Maria, CA has a median home value of $247,000. This is higher than the California statewide median home value of $217,500. The 93454 zip code also has a lower than average percentage of homeowners with mortgages at 54%. This is lower than the statewide percentage of homeowners with mortgages at 57%. The percentage of homeowners with equity in their homes is also higher than the statewide percentage at 66%. These high levels of equity may be due to low levels of mortgage debt and/or strong home values.

The average sale price for homes in the 93454 zip code was $269,000 in 2017. This was higher than the California statewide average sale price for homes sold in 2017 ($248,500). The 93454 zip code had a higher number of sales per capita than the statewide number in 2017 (2.4 vs 1.9). These high sales prices may be due to strong demand for housing stock and limited supply within this zip code.