Santa Barbara County First-Time Homebuyer Report for June

Santa Barbara County is much older than the rest of California, with a median age of 33. It's affluent as well, with a median income of $55,760 per household. Santa Maria, Santa Barbara, and Lompoc are the three largest cities in terms of population. The Santa Barbara County market primarily consists of detached houses, accounting for 89% of the current homes in the area. Topping the list of best schools in the county is Mountain View Elementary School.

Price Range

Some of the more expensive homes in California are in Santa Barbara County with a median home value of $371,200 and an average list price for available homes currently at $1,551,875. The most expensive places to live are Montecito, Toro Canyon, and Summerland.

Typical Dwelling

The typical dwelling in Santa Barbara County is a three-bedroom detached home worth about $715,900. To purchase a similar home, a buyer with good credit and a $143,180 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,893 monthly payment. The property tax rate is $5.62 per $1,000 of taxable assessed value.

Get started right now by checking out Santa Barbara County homes for sale or reviewing Santa Barbara County real estate trends.

Data reported through 6/15/2017


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