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Featured local agent — Topanga, CA
Sarah Mitchell
Compass Real Estate · Topanga, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Topanga, CA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $1.65M |
| Median list price | $1.75M |
| Year-over-year price change | +10.9% |
| Average days on market | 32 days |
| Active inventory | 66 listings |
| Months of supply | 7.3 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $729/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 20 |
| Listings with a price cut | 24.2% |
| Market condition | Buyer'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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.67M | $753/sq ft | 8 | 34 days |
| Condo / Co-op | $600,000 | $426/sq ft | 1 | 29 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
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
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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