The housing market in Sonoma, CA is significantly more expensive than the national median value with an average of $906,700. The US has seen an 8.27% appreciation rate in the past year, while Sonoma, CA only had a 1.98% appreciation rate during this same time. Despite the lower appreciation rate, the high housing prices are indicative of a robust and stable real estate market.
The median home cost in Sonoma is $906,700. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Sonoma is up 9.5%.
Average Age of Homes
- The median age of Sonoma real estate is 38 years old
The Rental Market in Sonoma
- Renters make up 42.4% of the Sonoma population
- 1.7% of houses and apartments in Sonoma, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.