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Sarah Mitchell

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Compass Real Estate · Tranquillity, CA

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

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

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Tranquillity, CA Housing Market

Leaning buyer's+2.2% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Tranquillity, CA is worth $289,756, rose 2.2% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $339,000, +142.1% year over year (through May 2026). With homes going under contract in about 79 days, Tranquillity is a leaning buyer's. At today's 6.66% 30-year fixed rate, 20% down on a $289,756 home is about $1,490/mo in principal and interest.

Key numbers for Tranquillity, CA

Typical home value

$289,756

+2.2% in 12 months

Zillow, July 2026

Median sale price

$339,000

+142.1% year over year

Redfin, through May 2026

Days on market

79

Slow-moving

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$61,250

Home costs 4.7x income

U.S. Census ACS, 2023

Sale-to-list ratio

96.9%

Selling below 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 Tranquillity a buyer's or seller's market?

Leaning buyer's79 days on market96.9% of asking

Tranquillity, CA is a leaning buyer's and homes selling in about 79 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.

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

What does the Tranquillity housing market data show?

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

Housing market statistics for Tranquillity, CA, Redfin through May 2026
MetricValue
Median sale price$339,000
Year-over-year price change+142.1%
Median price per sq ft$217/sq ft
Median days on market79 days
Sale-to-list price ratio96.9%
Homes sold (that month)1
Market conditionLeaning buyer's

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 Tranquillity is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Tranquillity 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 Tranquillity home prices moved?

Across the 22 months we hold for Tranquillity, CA, the median sale price rose 137.1%, from $143,000 in April 2021 to $339,000. The live Zillow value series has rose 2.2% in the last 12 months, which is the more current read now that Redfin's series has stopped.

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 Tranquillity?

Priced off the typical home value of $289,756 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 Tranquillity, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$57,951$231,805$1,490/mo
5%$14,488$275,268$1,769/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 $1,490, that implies roughly $63,842 a year before you add taxes and insurance. The median household in Tranquillity earns $61,250, about $2,592 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 4.7x — above the historical 3x norm but in line with much of the country in 2026.

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

Buying in Tranquillity in the next 12 months?

Tell us your timeline. We send the Tranquillity 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 Tranquillity?

Zillow does not publish a rent index (ZORI) for Tranquillity, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Tranquillity?

Active listings in Tranquillity, CA went from 2 in July 2022 to 1 in October 2025, a -50.0% 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 Tranquillity, CA
MonthActive listingsNew listings
August 202221
January 20231not published
September 202351
November 20233not published
December 20232not published
January 20241not published
May 202421
June 202432
August 202431
September 20243not published
April 202511
October 202511

Redfin, through October 2025

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

Tranquillity homes sell for $339,00062% below the California median of $887,400. Against the national median of $410,700, Tranquillity runs 17% lower. Year-over-year, Tranquillity moved +142.1% against California's +3.4%a bigger swing than the state as a whole.

Tranquillity, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Tranquillity, CA$339,000+142.1%79 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 Tranquillity

What buyers should watch

  • The gap between 5% and 20% down here is $279 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 $289,756 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 Tranquillity listing goes under contract in 79 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 96.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • Your equity moved +2.2% 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 Tranquillity varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Tranquillity

Explore homes currently listed for sale in Tranquillity, California across major real estate platforms.

Sale-to-list:96.9%

How much do homes cost in Tranquillity by property type?

How the Tranquillity, 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 Tranquillity, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$339,000$217/sq ft179 days

Who lives in Tranquillity?

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

Population

707

Households

249

Median income

$61,250/yr

Median age

42.8 years

Owner-occupied

70.7%

Median home value

$350,000

Median gross rent

$1,230/mo

Mean commute

21.3 min

70.7% of occupied homes in Tranquillity 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 $350,000 against Zillow's $289,756 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Tranquillity, CA?

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

Tranquillity housing market FAQ

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

Tranquillity, CA is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.

How much do homes cost in Tranquillity?

The typical home in Tranquillity, CA is worth $289,756 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $339,000, about $217 per square foot.

Is Tranquillity cheaper than the rest of California?

Tranquillity's median sale price of $339,000 is 62% lower than the California statewide median of $887,400, and 17% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Tranquillity?

Homes in Tranquillity, CA spent a median of 79 days on market before going under contract, versus 33 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

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

At the current 30-year fixed rate of 6.66%, 20% down on a $289,756 home is about $1,490 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $63,842 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $61,250.

Are home prices rising in Tranquillity?

The typical home value in Tranquillity, CA rose 2.2% over the last 12 months, from $283,425 to $289,756 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Tranquillity?

Tranquillity 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 Tranquillity?

That depends on your timeline, not on a headline. What the data says today: Tranquillity, CA is a leaning buyer's, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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