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Featured local agent — Topanga, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Topanga, CA

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

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

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Topanga, CA Housing Market & Real Estate

Buyer's market+10.9% YoY

Housing market overview · Updated monthly ·

$1.65Mmedian sale price

How is the Topanga, CA housing market right now?

The median home sale price in Topanga, CA is $1.65M, up 10.9% year-over-year. Homes sell in an average of 32 days with 66 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 Topanga a buyer's or seller's market?

Buyer's market7.3 months of supply32 avg. days on market

Topanga, CA is currently a buyer's market, based on 7.3 months of supply and homes selling in about 32 days. How we determine this →

Homes sold

9

Last 12 weeks

Days on market

32

Average pace

Active listings

66

7.3 months supply

Sale-to-list

97.2%

Below asking

What does the Topanga housing market data show?

Current housing market statistics for Topanga, CA
MetricValue
Median sale price$1.65M
Median list price$1.75M
Year-over-year price change+10.9%
Average days on market32 days
Active inventory66 listings
Months of supply7.3 months
Sale-to-list price ratio97.2%
Median price per sq ft$729/sq ft
Homes sold (latest month)9
New listings (latest month)20
Listings with a price cut24.2%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Topanga by property type?

How the Topanga, 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 Topanga, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.67M$753/sq ft834 days
Condo / Co-op$600,000$426/sq ft129 days

Source: Redfin · Updated monthly

The Topanga housing market is currently classified as a buyer's market with a median sale price of $1.65M. Prices have risen 10.9% compared to last year, with homes spending an average of 32 days on market, indicating 7.3 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 10.1x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Topanga

There are currently 66 homes listed for sale in Topanga, California. The median listing price is $1.7M.

Active listings

66

Homes on market

Median list price

$1.7M

Avg. days on market

32

Days until sale

New this week

20

Newly listed

Price drops:24.2%of listings
Sale-to-list:97.2%

Who lives in Topanga?

Population

8,781

Median income

$142,553/yr

Median age

46 years

Owner-occupied

77.4%

College grads

61.6%

Avg commute

29.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Topanga?

Zillow home value

$1.45M

Zillow rent index

$6,750/mo

Price-to-rent ratio

17.9x

Price-to-income

10.1x

Source: Zillow Research

What is it like to live in Topanga?

Topanga is a community of approximately 9K residents with a median age of 46 years.The median household income is $142,553, which reflects a relatively affluent area with strong earning potential. 61.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 77.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Topanga offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Topanga?

1 schools tracked · 242 students

The largest public schools serving Topanga, 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.

Topanga Elementary Charter

Grades K-5 · 242 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 Topanga, CA?

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

Is Topanga a good real estate investment market?

For investors evaluating Topanga, the price-to-rent ratio of 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 10.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Topanga's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Topanga's median home price.

Frequently asked questions

What is the average home price in Topanga?

The median home sale price in Topanga is $1.65M, up 10.9% from last year.

How long do homes stay on market in Topanga?

Homes typically spend 32 days on market before going under contract.

What is the median income in Topanga?

The median household income is $142,553 per year.

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

With 7.3 months of supply, Topanga is currently a buyer's market.

What is the Zillow home value estimate for Topanga?

The Zillow Home Value Index (ZHVI) for Topanga is $1.45M, representing the typical home value in the area.

What is the median condo price in Topanga?

The median condo/co-op sale price in Topanga, CA is $600,000, compared to $1.67M for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Topanga, CA is $1.67M (about $753 per square foot).

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