93103 — Santa Barbara County, California Market Snapshot

Housing market data for zip code 93103 in Santa Barbara County, California. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

26 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$2,774,500

-7.5% YoYClosed sales

Days to Sell

29

Median, listing to close

Homes Sold

26

Closed in 2026

Inventory

28

Sale-to-List

101.5%

New Listings

37

Price/SqFt

$1,664

Pending Sales

29

Jumbo Loan Likely Needed

The median home in 93103 at $2,774,500 exceeds the 2026 conforming loan limit of $941,850 by $1,832,650. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

Homes in 93103 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes are selling very close to asking price in 93103 (101.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

The median home in 93103 at $2,774,500 exceeds the 2026 conforming loan limit of $941,850 by $1,832,650. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 93103 are set at the county level.

2026 Loan Limits — Santa Barbara County

Property Units Conforming Limit FHA Limit
1 Unit$941,850$941,850
2 Units$1,205,750$1,205,750
3 Units$1,457,450$1,457,450
4 Units$1,811,300$1,811,300

Affordability Snapshot — Zip 93103

To purchase the median home at $2,774,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $21,407.

Monthly Payment

$21,407

Income Required

$917,457

Principal & Interest

$17,096/mo

Down Payment (5%)

$138,725

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 93103.

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Estimated Monthly Payment

$17,321

Principal & Interest$14,396
Property Tax$2,775
Insurance$150
Loan Amount$2,219,600
Total Interest$2,963,061
Income Required$742,319/yr

Jumbo loan required. Loan amount exceeds the $941,850 conforming limit for 93103.

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