House Prices

Third Street Promenade Santa Monica, CA House Prices & Home Values 2026


Average Data

average house price$1,952,871
average size per house1920 ft²
average price per ft²1050 $ / ft²

05/22/2026 - The value range (VR) for house prices in Third Street Promenade Santa Monica, CA is $997.5/ sqft to $1102.5/ sqft. An average home with 1920 sqft costs approximately $1,976,487 to $2,184,538. Santa Monica, CA includes 1 ZIP codes and it is located in Los Angeles county. The lowest prices are found in ZIP 90401, while the highest are in ZIP 90401. The average price per sqare feet is $1050. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Third Street Promenade Santa Monica

904011624 $ / ft²




Historical development of home values in Third Street Promenade Santa Monica

Year Estimated value (USD) Change vs. 2025
2010 $906,949 -53.6%
2011 $871,877 -55.4%
2012 $869,529 -55.5%
2013 $902,030 -53.8%
2014 $946,883 -51.5%
2015 $995,480 -49.0%
2016 $1,047,431 -46.4%
2017 $1,103,966 -43.5%
2018 $1,164,999 -40.3%
2019 $1,219,018 -37.6%
2020 $1,282,035 -34.4%
2021 $1,458,177 -25.3%
2022 $1,699,907 -13.0%
2023 $1,792,631 -8.2%
2024 $1,896,337 -2.9%
2025 $1,952,871 0.0%

Graph: estimated home values in Third Street Promenade Santa Monica over time (USD)



Example: 100% financing house in Third Street Promenade Santa Monica

Loan amount: $1,952,871

Interest rate: 6.19%

Fixed monthly payment: $11,950.59

Breakdown in the 1st month:
Interest portion: $10,076.81  –  Principal portion: $1,873.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $120,272.53 $23,134.58 $1,929,736.42
2 $118,798.68 $24,608.44 $1,905,127.98
3 $117,230.93 $26,176.19 $1,878,951.79
4 $115,563.30 $27,843.82 $1,851,107.97
5 $113,789.43 $29,617.69 $1,821,490.28
6 $111,902.55 $31,504.57 $1,789,985.71
7 $109,895.46 $33,511.66 $1,756,474.06
8 $107,760.50 $35,646.61 $1,720,827.44
9 $105,489.53 $37,917.58 $1,682,909.86
10 $103,073.88 $40,333.23 $1,642,576.63
11 $100,504.34 $42,902.78 $1,599,673.85
12 $97,771.10 $45,636.02 $1,554,037.83
13 $94,863.72 $48,543.39 $1,505,494.44
14 $91,771.13 $51,635.99 $1,453,858.45
15 $88,481.51 $54,925.61 $1,398,932.84
16 $84,982.31 $58,424.80 $1,340,508.04
17 $81,260.19 $62,146.92 $1,278,361.11
18 $77,300.95 $66,106.17 $1,212,254.94
19 $73,089.46 $70,317.65 $1,141,937.29
20 $68,609.68 $74,797.44 $1,067,139.85
21 $63,844.49 $79,562.63 $987,577.22
22 $58,775.72 $84,631.39 $902,945.83
23 $53,384.04 $90,023.08 $812,922.75
24 $47,648.86 $95,758.26 $717,164.49
25 $41,548.31 $101,858.81 $615,305.68
26 $35,059.10 $108,348.02 $506,957.66
27 $28,156.48 $115,250.64 $391,707.02
28 $20,814.10 $122,593.01 $269,114.01
29 $13,003.96 $130,403.15 $138,710.86
30 $4,696.26 $138,710.86 $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 Third Street Promenade Santa Monica, CA


1500 sqft3900 sqft
Ø selling price$1,966,735$4,183,780
Ø fast selling$1,787,941$3,765,402
Ø high price sale$2,145,529$4,602,158

In 2026, houses in Third Street Promenade Santa Monica, CA will be offered at an average price of $1050 per square foot. A 1,500 sqft home priced at $1,966,735 is 23.74% more expensive per square foot than a 3,900 sqft home priced at $4,183,780. Home prices in Third Street Promenade 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 $2,896,463. Sellers who can wait longer may achieve a higher price of up to $3,540,122.


Third Street Promenade, Santa Monica, CA

Overview

The Third Street Promenade in Santa Monica, CA is a vibrant pedestrian-only district known for shopping, dining, and street entertainment.
Just steps from the beach and the iconic Santa Monica Pier, this open-air destination blends coastal charm with urban energy.

Visitors stroll beneath palm trees, enjoy ocean breezes, and explore an outdoor mall anchored by nearby Santa Monica Place.

Shopping, Dining, and Entertainment

The Third Street Promenade Santa Monica features a mix of national retailers, indie boutiques, and curated pop-ups that keep the lineup fresh.

From chef-driven restaurants to quick bites and artisanal coffee, dining options cater to every taste and budget.

Evenings come alive with illuminated storefronts, lively patios, and street performers adding a festive ambiance.

Culture and Access

Regular events, public art, and the nearby Wednesday and Saturday farmers markets showcase local culture and seasonal produce.

Families appreciate the clean, walkable layout, while date-night seekers find cinemas, bars, and live music venues.

Parking structures, bike lanes, and the E Line (Expo) light rail provide easy access from across Los Angeles.

Plan your visit around sunset for golden-hour photos, then cap the night with a beach walk or a ride on the Ferris wheel.



FAQ – Home Values in Third Street Promenade Santa Monica

What is the median home value in Third Street Promenade Santa Monica in 2026?

In 2026, the typical home value in Third Street Promenade Santa Monica is about $1,952,871 for an average home size of 1920 square feet. This corresponds to an average price of roughly $1050 per square foot.

What is the average cost per square foot in Third Street Promenade Santa Monica?

In 2026, homes in Third Street Promenade Santa Monica sell for an average of around $1050 per square foot, with a typical range between $997.5 and $1102.5 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Third Street Promenade?

The average home size in Third Street Promenade Santa Monica is about 1920 square feet, with an estimated 2026 value around $1,952,871.



Neighborhoods close to Third Street Promenade Santa Monica, CA

North of Montana (NOMA) Santa Monica, CA1653 $ / ft²
Old Torrance Torrance, CA339 $ / ft²
Uptown Whittier Whittier, CA386 $ / ft²
Downtown Inglewood Inglewood, CA770 $ / ft²
Playa del Rey Playa Del Rey, CA667 $ / ft²
Marina Peninsula Marina Del Rey, CA809 $ / ft²
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