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Sarah Mitchell

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Compass Real Estate · Petaluma, CA

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

Petaluma, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Petaluma, CA Housing Market

Strong seller's market-1.7% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Petaluma, CA is worth $903,171, fell 1.7% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $890,000, -2.2% year over year (through May 2026). With 1.4 months of supply and homes going under contract in about 31 days, Petaluma is a strong seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $903,171 home is about $4,643/mo in principal and interest.

Key numbers for Petaluma, CA

Typical home value

$903,171

-1.7% in 12 months

Zillow, July 2026

Typical asking rent

$2,996/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$890,000

-2.2% year over year

Redfin, through May 2026

Days on market

31

Average pace

Redfin, through May 2026

Active listings

64

1.4 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$109,823

Home costs 8.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

103.1%

Selling above asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Strong seller's market1.4 months of supply31 days on market103.1% of asking

Petaluma, CA is a strong seller's market, based on 1.4 months of supply and homes selling in about 31 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Petaluma housing market data show?

Every row below is Redfin's final published month for Petaluma, CA. Redfin, through May 2026

Housing market statistics for Petaluma, CA, Redfin through May 2026
MetricValue
Median sale price$890,000
Median list price$889,000
Year-over-year price change-2.2%
Median price per sq ft$536/sq ft
Median days on market31 days
Active inventory64 listings
Months of supply1.4 months
Sale-to-list price ratio103.1%
Homes sold (that month)45
New listings (that month)50
Listings with a price cut17.2%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Petaluma is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Petaluma is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Petaluma home prices moved?

Over the last three years the median sale price in Petaluma, CA fell 0.6%, from $895,000 to $890,000. The live Zillow value series has fell 1.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 17.2% of Petaluma listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.4 months while the sale-to-list ratio slips below its current 103.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Petaluma?

Priced off the typical home value of $903,171 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Petaluma, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$180,634$722,537$4,643/mo
5%$45,159$858,013$5,514/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $4,643, that implies roughly $198,995 a year before you add taxes and insurance. The median household in Petaluma earns $109,823, about $89,172 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 8.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Petaluma in the next 12 months?

Tell us your timeline. We send the Petaluma market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Petaluma?

Typical asking rent in Petaluma, CA is $2,996/mo, against a typical home value of $903,171. That is a price-to-rent ratio of 25.1x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $4,643 a month — $1,647 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Petaluma?

Active listings in Petaluma, CA went from 100 in May 2025 to 64 in May 2026, a -36.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Petaluma, CA
MonthActive listingsNew listings
June 20258750
July 20259955
August 20257937
September 20258752
October 20257237
November 20256224
December 20253817
January 20263623
February 20264633
March 20266555
April 20266652
May 20266450

Redfin, through May 2026

How does Petaluma compare to California and the U.S.?

Petaluma homes sell for $890,0000% above the California median of $887,400. Against the national median of $410,700, Petaluma runs 117% higher. Year-over-year, Petaluma moved -2.2% against California's +3.4%a smaller swing than the state as a whole.

Petaluma, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Petaluma, CA$890,000-2.2%31 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Petaluma

What buyers should watch

  • Months of supply, currently 1.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 17.2%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $871 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $903,171 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Petaluma listing goes under contract in 31 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 103.1% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Petaluma added 50 new listings against 45 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Petaluma varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Petaluma

There are currently 64 homes listed for sale in Petaluma, California. The median listing price is $889K. Featured listings range from $499,000 to $1,198,000.

2 bedroom house for sale at 611 Petaluma Blvd S Petaluma 94952 - $499,000
New Listing
32
$499,000

611 Petaluma Blvd S

Petaluma, CA 94952

2 bd1 ba1,075 sqft$464/ft²
House5,645 sqft lot

Steven Gavriloff · Westgate Realty

View photos & details
2 bedroom condo for sale at 240 Park Place Dr Petaluma 94954 - $515,000
New Listing
42
$515,000

240 Park Place Dr

Petaluma, CA 94954

2 bd1 ba872 sqft$591/ft²
Condo967 sqft lot

Jeremy & Peg King · Livxplore Real Estate & Lifestyle

View photos & details
4 bedroom house for sale at 201 Redwood Cir Petaluma 94954 - $549,000
New Listing
28
$549,000

201 Redwood Cir

Petaluma, CA 94954

4 bd2 ba1,883 sqft$292/ft²
House11,600 sqft lot

Julie Dempsey · Vanguard Properties

View photos & details
3 bedroom house for sale at 1533 Joan Dr Petaluma 94954 - $550,000
New Listing
27
$550,000

1533 Joan Dr

Petaluma, CA 94954

3 bd2 ba1,025 sqft$537/ft²
House5,998 sqft lot

Sandrine Daligault · Redfin

View photos & details
2 bedroom house for sale at 1775 Northstar Dr Petaluma 94954 - $639,900
New Listing
11
$639,900

1775 Northstar Dr

Petaluma, CA 94954

2 bd2 ba920 sqft$696/ft²
House5,489 sqft lot

Susan Volmerding · Town & Country Properties

View photos & details
1 bedroom house for sale at 224 Vallejo St Petaluma 94952 - $650,000
New Listing
20
$650,000

224 Vallejo St

Petaluma, CA 94952

1 bd1 ba825 sqft$788/ft²
House6,270 sqft lot

Jonathan Minerick · HOMECOIN.COM

View photos & details
3 bedroom house for sale at 1028 Addison Cir Petaluma 94952 - $715,000
New Listing
24
$715,000

1028 Addison Cir

Petaluma, CA 94952

3 bd3 ba1,232 sqft$580/ft²
House1,773 sqft lot

Kathryn Vormelker · Compass

View photos & details
2 bedroom townhouse for sale at 331 Keller St Unit 6 Petaluma 94952 - $899,000
New Listing
29
$899,000

331 Keller St Unit 6

Petaluma, CA 94952

2 bd3 ba1,368 sqft$657/ft²
Townhouse1,307 sqft lot

Robert Tomasello · Engel & Volkers Sonoma

View photos & details
3 bedroom house for sale at 1622 Weaverly Dr Petaluma 94954 - $949,000
New Listing
37
$949,000

1622 Weaverly Dr

Petaluma, CA 94954

3 bd3 ba1,716 sqft$553/ft²
House5,998 sqft lot

Pedersen Realty Group · W Real Estate

View photos & details
4 bedroom house for sale at 821 Rolling Hill Dr Petaluma 94954 - $949,000
New Listing
28
$949,000

821 Rolling Hill Dr

Petaluma, CA 94954

4 bd3 ba1,766 sqft$537/ft²
House5,558 sqft lot

Thomas Dolcini · Compass

View photos & details
3 bedroom house for sale at 510 Kent St Petaluma 94952 - $1,100,000
New Listing
52
$1,100,000

510 Kent St

Petaluma, CA 94952

3 bd2 ba1,524 sqft$722/ft²
House7,501 sqft lot

Sold by J+J Aument Watson Team · Vanguard Properties

View photos & details
4 bedroom house for sale at 1043 Allen St Petaluma 94954 - $1,198,000
New Listing
54
$1,198,000

1043 Allen St

Petaluma, CA 94954

4 bd2 ba2,455 sqft$488/ft²
House6,299 sqft lot

Alexandria Babington · Coldwell Banker Realty

View photos & details

Looking to buy in Petaluma?

Get connected with a local real estate expert — free, no obligation.

Active listings

64

Homes on market

Median list price

$889K

Avg. days on market

31

Days until sale

New this week

50

Newly listed

Price drops:17.2%of listings
Sale-to-list:103.1%

How much do homes cost in Petaluma by property type?

How the Petaluma, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Petaluma, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$982,630$548/sq ft3828 days
Condo / co-op$595,000$498/sq ft334 days
Townhouse$617,500$433/sq ft272 days

Who lives in Petaluma?

American Community Survey estimates for Petaluma. U.S. Census ACS, 2023

Population

59,321

Households

24,155

Median income

$109,823/yr

Median age

45 years

Owner-occupied

63.9%

Median home value

$834,900

Median gross rent

$2,379/mo

Mean commute

30.3 min

63.9% of occupied homes in Petaluma are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $834,900 against Zillow's $903,171 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,379/mo, below Zillow's $2,996/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Petaluma?

37 schools tracked · 10,919 students

The largest public schools serving Petaluma, 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.

Casa Grande High

Grades 9-12 · 1,631 students

Public

Petaluma High

Grades 9-12 · 1,253 students

Public

Kenilworth Junior High

Grades 7-8 · 824 students

Public

Heartwood Charter

Grades K-12 · 600 students

Charter

Mary Collins Charter School at Cherry Valley

Grades K-8 · 482 students

Charter

Loma Vista Immersion Academy

Grades K-6 · 468 students

Charter

Sonoma Mountain Elementary

Grades K-6 · 451 students

Charter

Petaluma Junior High

Grades 7-8 · 428 students

Public

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 Petaluma, CA?

Ordered by distance from Petaluma, not by size. Compare Petaluma side by side with any of them.

Which ZIP codes are in Petaluma?

These are the ZIP codes we see on active Petaluma listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Petaluma housing market FAQ

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

Petaluma, CA is currently a strong seller's market. That read comes from 1.4 months of supply, homes going under contract in about 31 days, and sellers getting 103.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Petaluma?

The typical home in Petaluma, CA is worth $903,171 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $890,000, about $536 per square foot.

Is Petaluma cheaper than the rest of California?

Petaluma's median sale price of $890,000 is 0% higher than the California statewide median of $887,400, and 117% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Petaluma?

Homes in Petaluma, CA spent a median of 31 days on market before going under contract, versus 33 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Petaluma?

At the current 30-year fixed rate of 6.66%, 20% down on a $903,171 home is about $4,643 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $198,995 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $109,823.

Are home prices rising in Petaluma?

The typical home value in Petaluma, CA fell 1.7% over the last 12 months, from $918,889 to $903,171 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Petaluma?

Petaluma ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Petaluma?

That depends on your timeline, not on a headline. What the data says today: Petaluma, CA is a strong seller's market with 1.4 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 25.1x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.

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