Solvang, CA Housing Market & Real Estate

Buyer's market+15.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Solvang, CA is $1.69M, up 15.4% year-over-year. Homes sell in an average of 229 days with 19 active listings. The market is currently a buyer's market.

$1.69Mmedian sale price

Homes sold

4

Last 12 weeks

Days on market

229

Average pace

Active listings

19

4.8 months supply

Sale-to-list

95.0%

Below asking

Solvang, CA market data

Current housing market statistics for Solvang, CA
MetricValue
Median sale price$1.69M
Median list price$1.32M
Year-over-year price change+15.4%
Average days on market229 days
Active inventory19 listings
Months of supply4.8 months
Sale-to-list price ratio95.0%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Solvang housing market is currently classified as a buyer's market with a median sale price of $1.69M. Prices have risen 15.4% compared to last year, with homes spending an average of 229 days on market, indicating 4.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Solvang

There are currently 19 homes listed for sale in Solvang, California. The median listing price is $1.3M.

Active listings

19

Homes on market

Median list price

$1.3M

Avg. days on market

229

Days until sale

New this week

8

Newly listed

Price drops:26.3%of listings
Sale-to-list:95.0%

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Frequently asked questions

What is the average home price in Solvang?

The median home sale price in Solvang is $1.69M, up 15.4% from last year.

How long do homes stay on market in Solvang?

Homes typically spend 229 days on market before going under contract.

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

With 4.8 months of supply, Solvang is currently a buyer's market.

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