Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$782,966+0.8% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 22% have cut their price
Income needed to buy, per year$169,731About 1.6× the local median income ($105,956): hard to afford
Days on market54 daysFaster than a year ago: sellers have the edge
Next 12 months0.0%Zillow expects prices to stay about flat
The typical home in Santa Rosa-Petaluma, CA is worth $782,966, up 0.8% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $850,379, so the area is 7.9% undervalued. It is a balanced market: homes take about 54 days to sell, listings are down 4% from a year ago, 22% of listings have had a price cut. Zillow expects prices to fall about 0.0% over the next year. A household needs about $169,731 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $105,956. Typical rent is $2,666 a month, or $3,336 for a house. In the latest IRS figures, 160 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$782,966
Change in 1 year
+0.8%
Overvalued %
−7.9%
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Fair home value
$850,379
Change in 5 years
+4.4%
Zillow forecast, next 12 months
0.0%
Home value to income
7.4×
Monthly mortgage payment (20% down)
$4,243
Income needed to afford it
$169,731
Property tax rate
0.70%
Rent and investing
Typical rent
$2,666
Typical rent for houses
$3,336
Price-to-rent ratio
24.5×
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HUD Fair Market Rent, 2 bedrooms
$2,819
Gross rental yield
4.09%
Cap rate (estimate)
2.66%
Market activity
Listings vs a year ago
−3.9%
Days on market
54
Listings with a price cut
21.8%
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Homes for sale
1,154
Pending sales per 100 listings
31
Asking price per sq ft
$527
People and jobs
Median household income
$105,956
Population change (1 year)
+0.2%
Unemployment rate
5.7%
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Population
486,444
Income adjusted for cost of living
$98,289
Net moves in (IRS)
−160
Cost of living (US = 100)
107.8
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
99.1
Unhealthy air days a year
0
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Flood risk score
99.2
Wildfire risk score
98.2
Walkability (1 to 20)
11.0
Road, rail and air noise
54 dB
Questions people ask
Is Santa Rosa-Petaluma, CA overvalued?
Home prices in Santa Rosa-Petaluma, CA are slightly below what local incomes have historically supported: fair value is about $850,379, so the area is 7.9% undervalued.
Is Santa Rosa-Petaluma, CA a buyer's or seller's market?
Santa Rosa-Petaluma, CA is a balanced market: homes take about 54 days to sell, listings are down 4% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Santa Rosa-Petaluma, CA?
Home values in Santa Rosa-Petaluma, CA are up 0.8% over the last year. Zillow's forecast for the next 12 months is 0.0%.
How much do you need to earn to buy a home in Santa Rosa-Petaluma, CA?
A household needs about $169,731 a year to afford the typical home in Santa Rosa-Petaluma, CA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $105,956.