Petaluma, CA94952

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,031,000
2.8% YoY Growth
Median Household Income
$115,000
35.8% 5-Year Growth
Days on Market
46
19.0% Shorter than last year
Home Price Forecast
-1.6%
Median Rent
$2,500
9.1% YoY Growth
1-Bed Rent
$1,940
1.5% YoY Growth
2-Bed Rent
$2,500
2.6% YoY Growth
3-Bed Rent
$3,500
3.0% YoY Growth

Other Zip Codes in Petaluma, CA

Property Listings — Petaluma, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Petaluma, CA is 46. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,310,000-2.0%
Listing Count
53-22.0%
Listings as % of Homes0.3%-22.0%
Days on Market
46-19.0%
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Demographics — Petaluma, CA

As of the latest ACS Survey released in 2023, Petaluma, CA has a population of 33,300, which has decreased by -7.9% over the past 5 years. Petaluma, CA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 47.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
33,300-7.9%
% Under 18
19.4%-3.0%
% Seniors
22.5%30.1%
% WFH
18.8%59.3%
% w/ College Degree
47.5%15.3%
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As of the latest ACS Survey released in 2023, Petaluma, CA is a predominantly white area, with 72.0% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Petaluma, CA is hispanic, making up 18.6% of the population. Foreign-born residents account for 11.6% of the population in Petaluma, CA, and this percentage has decreased by 3.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
72.0%-2.0%
% Black
1.0%-9.1%
% Hispanic
18.6%-3.1%
% Asian
3.1%55.0%
% Foreign Born
11.6%-3.3%
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Mortgage and Risk — Petaluma, CA

According to HUD data as of 2023, there were 401 mortgage originations in Petaluma, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Petaluma, CA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
401
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
3.0%
% Second Loans
2.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Petaluma, CA

As of 2024, the percent of homes in Petaluma, CA under the Section 8 program is 6.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Petaluma, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
465
Total Units Section 8
395
% Rentals under Section 8
6.5%
% Occupied Section 8
90.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$600$1,940$2,540
2 Bedroom$530$2,500$3,030
3 Bedroom$220$3,500$3,720
4 Bedroom$30$4,000$4,030

Affordability — Petaluma, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9
Median Home Price$1,031,000
Median Household Income$115,000

Petaluma, CA — ZIP Code Boundary Map

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Frequently Asked Questions