Petaluma Housing Market Report – May 2026
Here's a look at how the Petaluma, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 63
- Median Sale Price: $890,000
- Average Sale Price: $1,032,091
- Average Price Per Sq Ft: $558
- Average Days on Market: 53
- Sale-to-List Price Ratio: 102.3%
Month-Over-Month Trends
Compared to April, the median sale price in Petaluma moved 1.7% up (from $875,000 to $890,000). The number of homes sold was 23.5% up compared to the prior month (51 vs. 63). Average days on market shifted 39.5% up (38 days to 53 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 3.8% down (from $925,000 to $890,000). Sales volume is 7.4% down year-over-year.
What This Means
Petaluma's housing market is showing some interesting mixed signals this May. While sales volume jumped 23.5% from April, we should take that figure with a grain of salt—it's likely due to improved data collection rather than a genuine market surge. The more meaningful indicator is that median prices have actually declined 3.8% year-over-year, suggesting buyers still have some leverage compared to spring 2025. However, the month-to-month median price increase of 1.7% and strong sale-to-list ratio of 102.3% hint that the typical spring buying season is pushing prices upward as we head into summer.
What's worth noting is the rising days on market, which jumped from 38 to 53 days—a concerning 39.5% increase. Combined with 104 active listings sitting at an average of 106 days on market, this suggests inventory is building and homes are taking longer to sell. While sellers are still getting slightly above asking price, the extended marketing timeline indicates we're moving toward a more balanced market compared to previous years. For buyers, this means better negotiating power and more time to make decisions. For sellers, it's becoming clear that pricing and presentation matter more than they did a year ago.
Petaluma Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94954 | 37 | $885,000 | $515 | 47 |
| 94952 | 26 | $1,075,000 | $625 | 62 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 49 | $1,070,000 | $607 |
| MULTI_FAMILY | 4 | $1,025,000 | $428 |
| MOBILE | 3 | $180,000 | $163 |
| CONDOS | 3 | $595,000 | $485 |
| TOWNHOMES | 2 | $617,500 | $433 |
| CONDO | 1 | $820,000 | $412 |
| LAND | 1 | $281,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 1 |
| $300K - $399K | 1 |
| $500K - $749K | 15 |
| $750K+ | 44 |
Current Active Listings
As of this report, there are 104 active listings in Petaluma with a median asking price of $939,950 and an average of 106 days on market.
Thinking About Selling Your Petaluma Home?
If you're a homeowner in Petaluma considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Petaluma and throughout Sonoma County — get a no-obligation cash offer today.