The Santa Rosa, CA Metro Area is an incredibly desirable place to live due to its breathtaking scenery and high quality of life. The median value of housing in the area is $752,000, which is significantly higher than the US median house value of $338,100. Despite the high cost of housing in Santa Rosa, the area has seen only a modest 1 year appreciation rate of 3.02%, compared to a national appreciation rate of 8.27%. Although this may seem concerning for potential home buyers and sellers alike, it demonstrates that real estate values have remained relatively stable in beautiful Santa Rosa.
The median home cost in Santa Rosa-Petaluma Metro Area is $752,000. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Santa Rosa-Petaluma Metro Area is up 11.1%.
Average Age of Homes
- The median age of Santa Rosa-Petaluma Metro Area real estate is 40 years old
The Rental Market in Santa Rosa-Petaluma Metro Area
- Renters make up 36.7% of the Santa Rosa-Petaluma Metro Area population
- 1.1% of houses and apartments in Santa Rosa-Petaluma Metro Area, 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.