Santa Rosa, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Santa Rosa, CA Housing Market Trends

With a population of 176,753, 66,319 total housing units (homes and apartments), and a median house value of $561,887, real estate costs in Santa Rosa are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Santa Rosa, accounting for 57.51% of the city's housing units. Other types of housing that are prevalent in Santa Rosa include large apartment complexes or high rise apartments ( 19.45%), row houses and other attached homes ( 10.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.67%).

The most prevalent building size and type in Santa Rosa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.04% owning and 46.96% renting.

There is a lot of housing in Santa Rosa built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Santa Rosa built between 1940-1969 ( 24.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.32%). There's also some housing in Santa Rosa built before 1939 ( 5.64%).

Santa Rosa Home Appreciation Rates

In the last 10 years, Santa Rosa has experienced some of the highest home appreciation rates of any community in the nation. Santa Rosa real estate appreciated 103.17% over the last ten years, which is an average annual home appreciation rate of 7.35%, putting Santa Rosa in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Santa Rosa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Santa Rosa appreciation rates have trailed the rest of the nation. In the last twelve months, Santa Rosa's appreciation rate has been 5.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Santa Rosa were at 2.37%, which equates to an annual appreciation rate of 9.82%.

Relative to California, our data show that Santa Rosa's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Santa Rosa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Santa Rosa - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Santa Rosa real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$561,887

Santa Rosa, CA HOME PRICES

> $1,181,000
6.7%
6.7%
$886,001 - $1,181,000
11.1%
11.1%
$591,001 - $886,000
34.8%
34.8%
$472,001 - $591,000
20.6%
20.6%
$354,001 - $472,000
11.6%
11.6%
$236,001 - $354,000
6.1%
6.1%
$118,001 - $236,000
3.8%
3.8%
$59,001 - $118,000
2.2%
2.2%
$0 - $59,000
3.2%
3.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
66,319

Santa Rosa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
107.07% 3.44%
2
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,695 / per month

Homeownership Rate

Owners
53.0%
53.0%
Renters
47.0%
47.0%
Vacant
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.3%
15.3%
1970 - 1999
54.1%
54.1%
1940 - 1969
24.9%
24.9%
1939 or Older
5.6%
5.6%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.5%
57.5%
Townhomes
10.6%
10.6%
Small Apt. Buildings
8.7%
8.7%
Apt. Complexes
19.5%
19.5%
Mobile Homes
3.8%
3.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.2%
3.2%
1 Bedroom
12.8%
12.8%
2 Bedrooms
31.0%
31.0%
3 Bedrooms
38.0%
38.0%
4 Bedrooms
13.0%
13.0%
5 or more bedrooms
1.9%
1.9%
0.0% 100.0%
% OF HOMES