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Featured local agent — Solvang, CA
Sarah Mitchell
Compass Real Estate · Solvang, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Solvang, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.40Mmedian sale price
How is the Solvang, CA housing market right now?
The median home sale price in Solvang, CA is $1.40M, down 8.2% year-over-year. Homes sell in an average of 70 days with 34 active listings. The market is currently a buyer's 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 Solvang a buyer's or seller's market?
Solvang, CA is currently a buyer's market, based on 6.8 months of supply and homes selling in about 70 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
70
Average pace
Active listings
34
6.8 months supply
Sale-to-list
97.7%
Below asking
What does the Solvang housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.40M |
| Median list price | $1.39M |
| Year-over-year price change | -8.2% |
| Average days on market | 70 days |
| Active inventory | 34 listings |
| Months of supply | 6.8 months |
| Sale-to-list price ratio | 97.7% |
| Median price per sq ft | $622/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 12 |
| Listings with a price cut | 17.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Solvang by property type?
How the Solvang, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.60M | $642/sq ft | 3 | 70 days |
| Condo / Co-op | $792,000 | $536/sq ft | 2 | 62 days |
| Townhouse | $625,000 | $667/sq ft | 1 | 26 days |
Source: Redfin · Updated monthly
The Solvang housing market is currently classified as a buyer's market with a median sale price of $1.40M. Prices have fallen 8.2% compared to last year, with homes spending an average of 70 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 12.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Solvang
There are currently 34 homes listed for sale in Solvang, California. The median listing price is $1.4M.
Active listings
34
Homes on market
Median list price
$1.4M
Avg. days on market
70
Days until sale
New this week
12
Newly listed
Who lives in Solvang?
Population
6,034
Median income
$118,208/yr
Median age
53.6 years
Owner-occupied
60.4%
College grads
38.5%
Avg commute
31.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Solvang?
Zillow home value
$1.44M
Zillow rent index
$3,350/mo
Price-to-rent ratio
35.8x
Price-to-income
12.2x
Source: Zillow Research
What is it like to live in Solvang?
Solvang is a community of approximately 6K residents with a median age of 53.6 years.The median household income is $118,208, which reflects a relatively affluent area with strong earning potential. 38.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 60.4%, showing a blend of owner and renter-occupied properties. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Solvang offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Solvang?
4 schools tracked · 1,589 students
The largest public schools serving Solvang, 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.
Santa Ynez Valley Union High
Grades 9-12 · 850 students
Solvang Elementary
Grades K-8 · 621 students
Ballard Elementary
Grades K-6 · 107 students
Refugio High
Grades 9-12 · 11 students
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 Solvang, CA?
Want a head-to-head view? Compare Solvang side-by-side with any other U.S. city using our market-comparison tool.
Is Solvang a good real estate investment market?
For investors evaluating Solvang, the price-to-rent ratio of 35.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 8.2% 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 Solvang's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Solvang's median home price.
Frequently asked questions
What is the average home price in Solvang?
The median home sale price in Solvang is $1.40M, down 8.2% from last year.
How long do homes stay on market in Solvang?
Homes typically spend 70 days on market before going under contract.
What is the median income in Solvang?
The median household income is $118,208 per year.
Is Solvang a buyer's or seller's market?
With 6.8 months of supply, Solvang is currently a buyer's market.
What is the Zillow home value estimate for Solvang?
The Zillow Home Value Index (ZHVI) for Solvang is $1.44M, representing the typical home value in the area.
What is the median condo price in Solvang?
The median condo/co-op sale price in Solvang, CA is $792,000, compared to $1.60M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Solvang?
The median single-family home price in Solvang, CA is $1.60M (about $642 per square foot).
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