Petaluma Housing Market · 2026

Data through Mar 2026

Petaluma Market Snapshot

Petaluma is a balanced market, but competition has been picking up. Here's where things stand:

Based on 31 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$880K
Down 14.6% from March 2025
Down $150K from March 2025
Homes Sold
31
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,564/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,464
  • Property Tax$917
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
22 days
9 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
102.8%
Up from 100.7% in March 2025
Selling at or near asking price
% Sold Over Asking
65%
More than half of homes sold above their asking price
Active Listings
63
Down 6.0% from March 2025
About 2 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Petaluma.

Median Sale Price
Down 14.6% year-over-year in Petaluma. Based on 31 sales in the most recent month.
Homes Sold
3% fewer homes sold than a year ago in Petaluma.
Total Monthly Payment
Estimated monthly cost is down 16% from a year ago in Petaluma, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Petaluma

Is now a good time to buy in Petaluma?

Petaluma is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Petaluma home prices compare to the Bay Area average?

At $880K, Petaluma's median sits about 53% below the Bay Area average of $1.88M. Petaluma is among the most accessible parts of the Bay Area.

By home type:

  • Single-family homes at $1.00M
  • Townhomes at $670K
  • Condos at $715K
What price range should I budget for in Petaluma?

Prices in Petaluma depend heavily on home type and specific neighborhood. Median sale prices by type:

  • Single-family homes at $1.00M
  • Townhomes at $670K
  • Condos at $715K

Individual listings vary widely based on location, size, and condition. The best calibration is to narrow to a few specific neighborhoods you are considering and look at recent sales there.

How competitive is Petaluma for buyers?

Petaluma is a balanced market where neither side dominates:

  • Homes sell about 3% above asking on average
  • 65% close above list price
  • 22 days typical time to go pending
  • 17% of listings have had a price reduction

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Petaluma home?

At $880K with 20% down at 6.53%, your estimated total monthly cost is approximately $5,564:

  • $4,464 principal and interest
  • $917 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra. Condo buyers typically budget an additional $300 to $700 per month for HOA, and townhome HOAs run $200 to $500.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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