Market Overview
Home Prices in Capitola, CA
The median home value in Capitola, CA is $1,258,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Capitola are priced207% above average. Capitola is part of the Santa Cruz-Watsonville, CA metro area.
Over the past five years, Capitola home values have risen by approximately17.4%, reflecting steady appreciation in this market.
Price History
Capitola Home Price Trend
City Comparison
Capitola vs. National Median
At $1,258,267, homes in Capitola cost 207% above the national median of $410,000. Buyers in Capitola should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Capitola?
20% Down Payment
$251,653
on $1,258,267
Monthly P&I
$6,562/mo
30-yr @ 6.8%
Total Monthly Est.
~$8,334/mo
incl. taxes & insurance
Income Needed
$333,360
gross annual (30% rule)
10% Down Option
$125,827
+ PMI applies
Loan Amount (20% dn)
$1,006,614
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Capitola, CA?
The median home value in Capitola is $1,258,267 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Capitola?
Over the past year, home values in Capitola have increased by 3.7%. Over five years, prices have risen approximately 17.4%.
How much do I need to earn to buy a home in Capitola?
To comfortably afford the median home price of $1,258,267 with a 20% down payment ($251,653) at today's rates (6.8%), you'd need a gross annual income of approximately $333,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Capitola compare to the national average home price?
The national median home value is approximately $410,000. At $1,258,267, homes in Capitola are 207% above the national average.
What metro area is Capitola part of?
Capitola is part of the Santa Cruz-Watsonville, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.