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Featured local agent — Goleta, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Goleta, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Goleta, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Goleta, CA Housing Market & Real Estate

Balanced market-13.7% YoY

Housing market overview · Updated monthly ·

$1.17Mmedian sale price

How is the Goleta, CA housing market right now?

The median home sale price in Goleta, CA is $1.17M, down 13.7% year-over-year. Homes sell in an average of 61 days with 35 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Goleta a buyer's or seller's market?

Balanced market2.5 months of supply61 avg. days on market

Goleta, CA is currently a balanced market, based on 2.5 months of supply and homes selling in about 61 days. How we determine this →

Homes sold

14

Last 12 weeks

Days on market

61

Average pace

Active listings

35

2.5 months supply

Sale-to-list

98.8%

Below asking

What does the Goleta housing market data show?

Current housing market statistics for Goleta, CA
MetricValue
Median sale price$1.17M
Median list price$1.13M
Year-over-year price change-13.7%
Average days on market61 days
Active inventory35 listings
Months of supply2.5 months
Sale-to-list price ratio98.8%
Median price per sq ft$813/sq ft
Homes sold (latest month)14
New listings (latest month)24
Listings with a price cut25.7%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Goleta by property type?

How the Goleta, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Goleta, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.35M$924/sq ft761 days
Condo / Co-op$806,000$693/sq ft572 days
Townhouse$1.52M$650/sq ft1161 days

Source: Redfin · Updated monthly

The Goleta housing market is currently classified as a balanced market with a median sale price of $1.17M. Prices have fallen 13.7% compared to last year, with homes spending an average of 61 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 11.7x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Goleta

There are currently 35 homes listed for sale in Goleta, California. The median listing price is $1.1M.

Active listings

35

Homes on market

Median list price

$1.1M

Avg. days on market

61

Days until sale

New this week

24

Newly listed

Price drops:25.7%of listings
Sale-to-list:98.8%

Who lives in Goleta?

Population

32,693

Median income

$118,039/yr

Median age

35.5 years

Owner-occupied

51.2%

College grads

48.3%

Avg commute

18.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Goleta?

Zillow home value

$1.38M

Zillow rent index

$3,872/mo

Price-to-rent ratio

29.7x

Price-to-income

11.7x

Source: Zillow Research

What is it like to live in Goleta?

Goleta is a community of approximately 33K residents with a median age of 35.5 years.The median household income is $118,039, which reflects a relatively affluent area with strong earning potential. 48.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 51.2%, showing a blend of owner and renter-occupied properties. The average commute time is 18.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Goleta offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Goleta?

8 schools tracked · 5,085 students

The largest public schools serving Goleta, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Dos Pueblos Senior High

Grades 9-12 · 2,075 students

Public

Goleta Valley Junior High

Grades 7-8 · 736 students

Public

Brandon Elementary

Grades K-6 · 443 students

Public

Isla Vista Elementary

Grades K-6 · 433 students

Public

Kellogg Elementary

Grades K-6 · 395 students

Public

La Patera Elementary

Grades K-6 · 386 students

Public

Ellwood Elementary

Grades K-6 · 327 students

Public

Santa Barbara Charter

Grades K-8 · 290 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Goleta, CA?

Want a head-to-head view? Compare Goleta side-by-side with any other U.S. city using our market-comparison tool.

Is Goleta a good real estate investment market?

For investors evaluating Goleta, the price-to-rent ratio of 29.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 13.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Goleta's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Goleta's median home price.

Frequently asked questions

What is the average home price in Goleta?

The median home sale price in Goleta is $1.17M, down 13.7% from last year.

How long do homes stay on market in Goleta?

Homes typically spend 61 days on market before going under contract.

What is the median income in Goleta?

The median household income is $118,039 per year.

Is Goleta a buyer's or seller's market?

With 2.5 months of supply, Goleta is currently a balanced market.

What is the Zillow home value estimate for Goleta?

The Zillow Home Value Index (ZHVI) for Goleta is $1.38M, representing the typical home value in the area.

What is the median condo price in Goleta?

The median condo/co-op sale price in Goleta, CA is $806,000, compared to $1.35M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Goleta?

The median single-family home price in Goleta, CA is $1.35M (about $924 per square foot).

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