There are currently 19,815 real estate properties in Petaluma, CA, with a median automated valuation model (AVM) price of $807,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Petaluma, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Petaluma, CA, is $862,628.00, with the most expensive house in Petaluma, CA, topping out at $7,094,600.00 and the cheapest home in Petaluma, CA, clocking in at $108,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Petaluma, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Petaluma, CA, is on a rollercoaster ride. The average rent price in Petaluma, CA, is $2,764.00. Indeed, when looking to rent in Petaluma, CA, you can expect to pay as little as $1,530.00 or as much as $7,430.00, with the average rent median estimated to be $2,690.00. The good news is that finding an affordable and desirable property to rent in Petaluma, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Petaluma, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Petaluma, CA and much more. Save thousands at closing with home foreclosure listings in Petaluma, CA — up to 75% off market value!
Petaluma is located in Sonoma, California, with an estimated municipal population of 60,520 residents. All of the best foreclosed homes for sale in Petaluma are located in the following zip code areas on Foreclosure.com: 94954 94952 94953. The estimated population per square kilometer (.62 miles) in Petaluma is 1,620.
So, about how much do homes cost in Petaluma? The most recent median value of resident-owned homes in Petaluma is 629,537. An estimated 65.9 percent of households in Petaluma own their homes, with an average family size of 3.2. The median household income in Petaluma is 91,528, with45.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Petaluma, the median commute time of resident workers (in minutes) is 30.9. And last, but certainly not least, are you looking for homes to rent in Petaluma? If so, the average rent price paid by renters in Petaluma is 1,830, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Petaluma, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Petaluma is 41.7, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Petaluma is 52.6, with an average family size of 3.2.
The percentage of residents who report their race in Petaluma is as follows:
|Black / African American||1.2%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Petaluma? Or maybe you are searching for 55+ active adult communities in and/or near Petaluma?
The percentage of residents who report their age in Petaluma is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Petaluma with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Petaluma.
How do you know that living in -- or moving to -- Petaluma is right where you need to be? Perhaps you grew up in Petaluma or already live nearby; therefore, the decision to buy a home in Petaluma is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Petaluma for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Petaluma:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Petaluma.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Petaluma can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Petaluma, meanwhile, can field multiple offers from more qualified buyers.
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