93458, Santa Maria, CA

The 93458 zip code of Santa Maria, CA has a median home value of $269,900. This is significantly higher than the statewide median home value of $177,500. The 93458 zip code also has a significantly higher percentage of homes with a mortgage than the statewide average. Approximately 63% of homes in the 93458 zip code have a mortgage, compared to the statewide average of 44%.

One reason for this high percentage of homes with mortgages may be that Santa Maria is a popular retirement destination. Many residents in this zip code are over 55 years old and may have accumulated significant equity in their homes over the years. Another factor that may contribute to high home values in this zip code is that there are relatively few available housing units compared to other areas in California. As a result, buyers who are interested in purchasing a home in this area tend to be able to pay more for it than would be possible elsewhere.