SIALIMStatistical Intelligence for America's Local Investment Markets

93108Montecito, CA Home Values

Typical home value $5,126,140 as of June 2026 · 1st of 21 in Santa Maria-Santa Barbara, CA

Typical value — June 2026
$5,126,140
observed, not a forecast
Past 12 months
+10.5%
trailing year-over-year change
Past 5 years
+53.1%
June 2021 to June 2026
Rank in metro
1st
of 21 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 93108, June 2021 to June 2026. This page shows observed data only; no forecast.

How 93108 compares in the Santa Maria-Santa Barbara, CA area

ZIP code 93108 (Montecito, CA) has a typical home value of $5,126,140 as of June 2026, ranking 1st of 21 ZIP codes tracked in the Santa Maria-Santa Barbara, CA area, the most expensive ZIP code in the metro. Prices here have moved +10.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +53.1%, from $3,348,741 in June 2021 to $5,126,140 in June 2026. Against observed rent, the typical home here sells for 21.3× the annual rent ($20,051/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Santa Maria-Santa Barbara, CA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Santa Maria.

Population and demographics

ZIP code 93108 has a population of 11,664, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 79.4% White, 9.4% Hispanic or Latino, 5.8% two or more races, 3.6% Asian, 0.9% another race, 0.5% American Indian or Alaska Native, and 0.4% Black or African American.

Nearby public schools

SchoolAddressDistance
Montecito Union385 San Ysidro Rd., Santa Barbara, CA1.9 mi
Summerland Elementary135 Valencia Ave., Summerland, CA1.9 mi
Cold Spring Elementary2243 Sycamore Canyon Rd., Santa Barbara, CA3.2 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 93108?

$5,126,140 as of June 2026, the latest month Zillow has published observed data for.

Is 93108 an expensive ZIP code in the Santa Maria-Santa Barbara, CA area?

93108 ranks 1st of 21 ZIP codes in the Santa Maria-Santa Barbara, CA area by typical home value, the most expensive ZIP code in the metro.

How much have home values in 93108 changed over the past year?

+10.5% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 93108?

The typical home price is 21.3× the observed annual rent in this ZIP code ($20,051/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 93108?

11,664, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 93108?

Montecito Union (1.9 mi), Summerland Elementary (1.9 mi), Cold Spring Elementary (3.2 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 93108?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Santa Maria-Santa Barbara, CA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.