House Prices

Pico Neighborhood Santa Monica, CA House Prices & Home Values 2026


Average Data

average house price$1,755,748
average size per house2066 ft²
average price per ft²886 $ / ft²

05/22/2026 - The value range (VR) for house prices in Pico Neighborhood Santa Monica, CA is $768/ sqft to $854/ sqft. An average home with 2066 sqft costs approximately $1,651,743 to $1,836,703. Santa Monica, CA includes 2 ZIP codes and it is located in Los Angeles county. The lowest prices are found in ZIP 90404, while the highest are in ZIP 90405. The average price per sqare feet is $886. Our analysis is based on 30 property listings.

Avergage prices by ZIP codes Pico Neighborhood Santa Monica

90404768 $ / ft²
90405854 $ / ft²




Historical development of home values in Pico Neighborhood Santa Monica

Year Estimated value (USD) Change vs. 2025
2010 $815,401 -53.6%
2011 $783,869 -55.4%
2012 $781,759 -55.5%
2013 $810,979 -53.8%
2014 $851,304 -51.5%
2015 $894,997 -49.0%
2016 $941,704 -46.4%
2017 $992,531 -43.5%
2018 $1,047,404 -40.3%
2019 $1,095,970 -37.6%
2020 $1,152,627 -34.4%
2021 $1,310,988 -25.3%
2022 $1,528,318 -13.0%
2023 $1,611,682 -8.2%
2024 $1,704,920 -2.9%
2025 $1,755,748 0.0%

Graph: estimated home values in Pico Neighborhood Santa Monica over time (USD)



Example: 100% financing house in Pico Neighborhood Santa Monica

Loan amount: $1,755,748

Interest rate: 6.25%

Fixed monthly payment: $10,805.88

Breakdown in the 1st month:
Interest portion: $9,138.67  –  Principal portion: $1,667.21

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $109,081.23 $20,589.27 $1,735,158.73
2 $107,757.76 $21,912.74 $1,713,245.99
3 $106,349.22 $23,321.28 $1,689,924.71
4 $104,850.14 $24,820.36 $1,665,104.35
5 $103,254.71 $26,415.80 $1,638,688.55
6 $101,556.71 $28,113.79 $1,610,574.76
7 $99,749.57 $29,920.93 $1,580,653.83
8 $97,826.27 $31,844.23 $1,548,809.60
9 $95,779.34 $33,891.16 $1,514,918.44
10 $93,600.84 $36,069.67 $1,478,848.77
11 $91,282.30 $38,388.21 $1,440,460.57
12 $88,814.72 $40,855.78 $1,399,604.79
13 $86,188.54 $43,481.97 $1,356,122.82
14 $83,393.54 $46,276.96 $1,309,845.86
15 $80,418.88 $49,251.62 $1,260,594.23
16 $77,253.01 $52,417.49 $1,208,176.74
17 $73,883.64 $55,786.86 $1,152,389.88
18 $70,297.69 $59,372.81 $1,093,017.07
19 $66,481.24 $63,189.26 $1,029,827.81
20 $62,419.47 $67,251.03 $962,576.78
21 $58,096.61 $71,573.89 $891,002.89
22 $53,495.88 $76,174.62 $814,828.27
23 $48,599.41 $81,071.09 $733,757.18
24 $43,388.21 $86,282.29 $647,474.88
25 $37,842.03 $91,828.47 $555,646.41
26 $31,939.34 $97,731.16 $457,915.25
27 $25,657.24 $104,013.26 $353,901.99
28 $18,971.32 $110,699.18 $243,202.81
29 $11,855.64 $117,814.87 $125,387.94
30 $4,282.56 $125,387.94 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Pico Neighborhood Santa Monica, CA


1500 sqft3900 sqft
Ø selling price$1,674,022$3,561,101
Ø fast selling$1,521,838$3,204,991
Ø high price sale$1,826,206$3,917,211

In 2026, houses in Pico Neighborhood Santa Monica, CA will be offered at an average price of $886 per square foot. A 1,500 sqft home priced at $1,674,022 is 23.94% more expensive per square foot than a 3,900 sqft home priced at $3,561,101. Home prices in Pico Neighborhood Santa Monica, CA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $2,465,378. Sellers who can wait longer may achieve a higher price of up to $3,013,240.


Discover the Pico Neighborhood in Santa Monica, CA

Overview

The Pico Neighborhood in Santa Monica, CA blends historic character, multicultural energy, and coastal convenience.
Located south of the I-10 and stretching toward the beach, it offers quick access to Downtown Santa Monica and Main Street.

Dining, Arts, and Things to Do

Residents love the vibrant dining scene, with locally loved restaurants, coffee houses, and food trucks along Pico Boulevard.
Art and culture thrive nearby at Bergamot Station and the 18th Street Arts Center, making creative things to do easy to find.

Parks and Schools

Parks like Virginia Avenue Park host the Santa Monica Farmers Market and community events that anchor neighborhood life.
Families value strong public schools and nearby SMC?Santa Monica College?plus after-school programs at the Pico Branch Library.

Transit and Connectivity

The Metro E Line at 17th St/SMC, bike-friendly streets, and Big Blue Bus routes provide reliable public transit for commuters and students.
Drivers appreciate proximity to the 10 freeway, while beach paths and the Expo Bike Path encourage car-light living.

Housing and Lifestyle

Housing options range from classic bungalows and mid-century apartments to newer mixed-use buildings, offering relative value for Santa Monica.
Whether you are seeking walkability, culture, or coastal access, Pico Neighborhood Santa Monica delivers an authentic Westside lifestyle.



FAQ – Home Values in Pico Neighborhood Santa Monica

What is the median home value in Pico Neighborhood Santa Monica in 2026?

In 2026, the typical home value in Pico Neighborhood Santa Monica is about $1,755,748 for an average home size of 2066 square feet. This corresponds to an average price of roughly $886 per square foot.

What is the average cost per square foot in Pico Neighborhood Santa Monica?

In 2026, homes in Pico Neighborhood Santa Monica sell for an average of around $886 per square foot, with a typical range between $768 and $854 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Pico Neighborhood?

The average home size in Pico Neighborhood Santa Monica is about 2066 square feet, with an estimated 2026 value around $1,755,748.



Neighborhoods close to Pico Neighborhood Santa Monica, CA

Old Torrance Torrance, CA339 $ / ft²
Uptown Whittier Whittier, CA386 $ / ft²
San Tract Buena Park, CA418 $ / ft²
Downtown Santa Monica Santa Monica, CA1674 $ / ft²
Downtown Inglewood Inglewood, CA770 $ / ft²
Playa del Rey Playa Del Rey, CA667 $ / ft²
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