Downtown Petaluma, Petaluma Housing Market · 2026

Data through Jul 2026

Data curated by Melanie Tan, 8 Blocks Real Estate · How this data works

Downtown Petaluma, Petaluma Market Snapshot

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

Based on 5 homes sold in the 3 months ending July 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through July 2026

SalesWhat are homes selling for?
Median Sale Price
$877K
Up 0.2% from July 2025
Up $2K from July 2025
Homes Sold
5
Sold in the last 3 months. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$5,627/mo
6.71% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$4,530
  • Property Tax$913
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
21 days
5 fewer days than in July 2025
Homes typically sell within a month
Sale-to-List Ratio
101.7%
Up from 100.6% in July 2025
Selling at or near asking price
% Sold Over Asking
40%
40% of homes sold above asking, some competition
Active Listings
2
Up 7.2% from July 2025
About 1.3 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 0.2% year-over-year in Downtown Petaluma. Based on 5 sales in the last 3 months.
Homes Sold
29% fewer homes sold than a year ago in Downtown Petaluma.
Total Monthly Payment
Estimated monthly cost is roughly flat compared to a year ago in Downtown Petaluma.

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 6.71%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Downtown Petaluma, Petaluma

Is now a good time to buy in Downtown Petaluma, Petaluma?

Downtown 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 Downtown Petaluma, Petaluma home prices compare to the Bay Area average?

At $877K, Downtown Petaluma, Petaluma's median sits about 51% below the Bay Area average of $1.80M. Downtown Petaluma, Petaluma is among the most accessible parts of the Bay Area.

This is close to the Petaluma city-wide median of $917K.

By home type:

  • Condos at $597K
  • Single-family homes at $1.32M
What price range should I budget for in Downtown Petaluma, Petaluma?

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

  • Condos at $597K
  • Single-family homes at $1.32M

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 Downtown Petaluma, Petaluma for buyers?

Downtown Petaluma, Petaluma is a balanced market where neither side dominates:

  • Homes sell about 2% above asking on average
  • 40% close above list price
  • 21 days typical time to go pending
  • 30% 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 Downtown Petaluma, Petaluma home?

At $877K with 20% down at 6.71%, your estimated total monthly cost is approximately $5,627:

  • $4,530 principal and interest
  • $913 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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