Santa Barbara, CA · ZIP 93117 · Census Tract 06083002936 · 2027–2030 outlook
Current modeled value
$1.66M
Downside (P10)
$1.46M
-12% by 2030
Base Case (P50)
$1.91M
+15% by 2030
Upside (P90)
$2.60M
+57% by 2030
Base case: +15% by 2030, with a forecast range from -12% to +57%. Uncertainty is typical relative to similar Santa Barbara markets.
| Year | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|
| Median Value | $1.1M | $1.2M | $1.6M | $1.7M | $1.7M | $1.8M | $1.9M | $1.7M |
| YoY Change | +15.2% | +30.2% | +2.7% | +2.6% | +8.5% | +3.1% | -11.0% | |
| Downside (P10) | $1.5M | $1.5M | $1.5M | $1.5M | ||||
| Upside (P90) | $2.1M | $2.5M | $2.6M | $1.9M |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$1.46M to $2.13M
39.0% of median
5-Year Spread
$1.49M to $1.88M
23.2% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Isla Vista | $1.66M | $1.91M | +14.5% | |
| Santa Barbara | $1.71M | $1.88M | +10.4% | |
| Santa Barbara | $1.61M | $1.80M | +11.9% | |
| Solvang-Santa Ynez | $1.72M | $1.76M | +2.5% | |
| Santa Barbara | $1.72M | $1.83M | +6.3% | |
| Santa Barbara | $1.77M | $1.89M | +6.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Isla Vista | $1.66M | $1.91M | +14.5% | |
| Santa Barbara | $1.10M | $1.33M | +21.3% | |
| Santa Maria | $613K | $738K | +20.3% | |
| Santa Maria | $457K | $537K | +17.5% | |
| Santa Barbara | $1.17M | $1.36M | +16.0% | |
| Santa Maria | $536K | $618K | +15.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Isla Vista | $1.66M | $1.91M | $1.15M | |
| Cuyama | $263K | $285K | $133K | |
| Lompoc | $325K | $372K | $181K | |
| Santa Maria | $475K | $518K | $205K | |
| Santa Maria | $427K | $475K | $217K | |
| Guadalupe | $474K | $535K | $225K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.