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Dynamic.RE · SFR Market Intelligence

Santa Rosa, California Housing Market

Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.

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Data through
Sep 2026
Dynamic.RE Verdict
Balanced Market
Neither side has the edge. We compare Santa Rosa with 2017–2019 at this time of year: the typical listing has been up 14% more days; there are 37 pending sales per 100 listings, against 42 then; there are 11% more homes for sale.
Median list price
$819,190
-7.3%
Demand : Supply
0.37
Days on market
48 days
Time to go under contract

The median asking price in Santa Rosa is about $819,000 as of Sep 2026, down 7.3% from a year ago. The typical listing is 6% smaller than a year ago, and asking price per square foot is flat. So the size of homes on the market explains much of the drop. That is the asking price on listed homes, so sold-price and home-value sites show different numbers (why).

Only on the right house. Neither side has the upper hand in Santa Rosa right now. Santa Rosa is close to its 2017–2019 normal for this time of year. The market will not hand you a discount. You have to find it in one specific listing.

01
The market at a glance
Median $ / sqft
$478
Active inventory
432
New listings / mo
228
Days on market
48 days
Price-cut share
22.1%
Pending sales
162
02
Where we are in the cycle
Median asking price
$819,190
26% below the Jun 2023 peak of $1112K
Homes for sale
432
4.8× the Jan 2022 low of 90
Days to sell
48 days
3.0× the 16-day Feb 2018 low
03
The renter economy
41%
Renter share · of occupied homes
5.1%
Vacant homes · all units
$100.0K
Median household income
8.9×
Price-to-income · list ÷ income
04
What this means for investors

What does a shrinking population mean for Santa Rosa landlords?

The population in Santa Rosa's ZIP codes fell 2.2% over five years. 5.1% of homes are vacant, lower than most tracked cities. Households still grew 1.1% while the housing stock held flat. Fewer people living in more households means rental demand has held up better than the population suggests. Check vacancy by ZIP before you buy.

What is the fair market rent in Santa Rosa?

HUD sets one fair market rent for Sonoma County. For fiscal year 2026:

  • 1 bedroom: $2,155 a month. Up 3% on last year, up 98% since FY2016.
  • 2 bedrooms: $2,827 a month. Up 3% on last year, up 100% since FY2016.
  • 3 bedrooms: $3,887 a month. Up 4% on last year, up 89% since FY2016.
  • 4 bedrooms: $4,147 a month. Up 5% on last year, up 68% since FY2016.

The figures include tenant-paid utilities and apply to all of Sonoma County, so one home's rent can sit well above or below them. See fair market rent by city.

Who will rent from you in Santa Rosa?

In Santa Rosa, 41 out of every 100 households rent. That is nearly half. The renter share is shrinking. Five years ago it was 44 in 100. Santa Rosa lost about 1,700 renter households in five years. Renter households here average 2.6 people. Families rent here. Buy bedrooms. Studios will sit.

The median Santa Rosa household earns $100,028 a year. Incomes here have grown 5.5% a year since 2019. Incomes are rising faster than home prices. Affordability is improving. A typical home costs 8.2 times the median income. Most locals cannot buy. That keeps rental demand deep. It also caps the rent they can pay. At 30% of income, a tenant on the median income can pay about $2,501 a month.

To see what one Santa Rosa address would rent for and cash flow, run it through the app.

Is now a good time to buy in Santa Rosa?

The median asking price is 26.4% below its Jun 2023 peak. Per square foot the gap is smaller: 9.7% below the Apr 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller. Santa Rosa prices rose in only 74 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.

This market is turning. Which way is not settled yet. Check the monthly numbers above before you commit.

When do Santa Rosa prices dip?

Across 9 full years, Santa Rosa asking prices ran lowest in January, about 3.1% below the year's average. They peaked in April. The most homes for sale show up in September, about 21% above the yearly average. Shop in September for choice, and expect the softest asking prices in January.

What numbers should you underwrite a Santa Rosa deal with?

  • Price growth to assume — +2.0%/yr. Santa Rosa has grown about 2.0% a year for five years and for ten. That pace held before and after the 2020–2021 boom, so it is a fair long-run input. Prices were flat over the last year.

Read how population change affects rentals and how we read these numbers, then run the numbers on a deal.

05
Frequently asked questions

What is the median home price in Santa Rosa?

The median asking price in Santa Rosa is about $819,000 as of Sep 2026, down 7.3% from a year ago. The typical listing is 6% smaller than a year ago, and asking price per square foot is flat. So the size of homes on the market explains much of the drop. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our Santa Rosa figures cover the 8 ZIP codes with a Santa Rosa mailing address, which can reach past city limits.

Is Santa Rosa a buyer's or seller's market in 2026?

Neither side has the upper hand in Santa Rosa right now. We compare Santa Rosa with 2017–2019 at this time of year: the typical listing has been up 14% more days; there are 37 pending sales per 100 listings, against 42 then; there are 11% more homes for sale.

Are Santa Rosa home prices going up or down?

The median asking price is 26.4% below its Jun 2023 peak. Per square foot the gap is smaller: 9.7% below the Apr 2023 high. Part of the drop is smaller homes coming to market. Prices stopped falling about a year ago. They are flat now. Waiting will not get you a cheaper house. It might still get you a more motivated seller.

Which Santa Rosa ZIP code has the most negotiating room?

95404. Only 34 homes under contract for every 100 still for sale. 23% of sellers there have cut their price, and the typical listing has been up 70 days.

What is the fair market rent in Santa Rosa?

HUD's fiscal year 2026 fair market rent for Sonoma County is $2,827 a month for 2 bedrooms and $3,887 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.

06
ZIP-level detail

Where buyers have the most leverage in Santa Rosa

  • 9540498 for sale · 23% cutting · 70 daysOnly 34 homes under contract for every 100 still for sale.
  • 9540549 for sale · 24% cutting · 38 daysOnly 29 homes under contract for every 100 still for sale.
  • 9540397 for sale · 23% cutting · 45 daysOnly 36 homes under contract for every 100 still for sale.
  • 9540755 for sale · 24% cutting · 49 daysOnly 53 homes under contract for every 100 still for sale.
  • 9540987 for sale · 20% cutting · 39 daysOnly 32 homes under contract for every 100 still for sale.

Where Santa Rosa prices are climbing fastest

ZIP 95403 is on both lists. That is rare. It is the one place in Santa Rosa where leverage and growth overlap.

ZIP$/sqft, 2 yrs$/sqft nowBuyers per homeFor sale
95407+4.1%$4200.5355
95404+2.8%$5560.3498
95401-0.1%$5020.4746
95409-3.5%$4450.3287
95403-6.5%$4670.3697

Computed from each ZIP's own ten-year history. ZIPs with fewer than 10 homes for sale are excluded: a median across a handful of listings is noise, not a signal.

Which ZIP codes are in Santa Rosa?

Santa Rosa has eight ZIP codes. Each links to its live market dashboard.

  • 9540146 for sale · 18% cutting · 35 daysOnly 47 homes under contract for every 100 still for sale.
  • 954021 for saleToo few listings to read the market. The dashboard has the history.
  • 9540397 for sale · 23% cutting · 45 daysOnly 36 homes under contract for every 100 still for sale.
  • 9540498 for sale · 23% cutting · 70 daysOnly 34 homes under contract for every 100 still for sale.
  • 9540549 for sale · 24% cutting · 38 daysOnly 29 homes under contract for every 100 still for sale.
  • 95406No homes listed for sale right now
  • 9540755 for sale · 24% cutting · 49 daysOnly 53 homes under contract for every 100 still for sale.
  • 9540987 for sale · 20% cutting · 39 daysOnly 32 homes under contract for every 100 still for sale.
07
Where else to look

Markets similar to Santa Rosa

Closest matches on asking price, price per square foot, time on market, buyer demand, and price cuts.

  • Thousand Oaks, CA — $1,084,890 median, 50 days on market, 22% of sellers cutting
  • Escondido, CA — $911,670 median, 49 days on market, 21% of sellers cutting
  • Tracy, CA — $736,991 median, 54 days on market, 23% of sellers cutting
  • Folsom, CA — $754,375 median, 47 days on market, 24% of sellers cutting
See what a Santa Rosa property is actually worth
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