Market Intelligence · CA / Petaluma

Petaluma, CA 94954 Housing Market

The typical home value in Petaluma, CA 94954 is $829,040, up 0.6% over the past year as of September 2026. Homes are listed at a median price of $865,000 and are going under contract in a median of 30 days.

Updated September 2026Median value$829K

The median home value in Petaluma, CA 94954 is $829K as of September 2026, up 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Licensed pros in 94954.

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Peter Joseph Schardt

Lic #01702383 CA

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Typical 94954 range

$763K to $895K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.6% over 12 months

Sep 2025$824K

Low $816KHigh $829K

Sep 2026$829K

The numbers

What is the 94954 housing market like?

As of September 2026

Typical home value

$829K

0.6%YoY

Median list price

$865K

0.5%MoM

Days on market

3.4%MoM

Homes for sale

21.9%MoM

Price cuts

28.2%

0.2%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

94954 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94954 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 94954 rose 0.6%, per the Zillow Home Value Index.

Will home prices drop in 94954?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 94954 to stay roughly flat by September 2027 (down 0.1%), after a 0.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94954 home prices compare?

94954$829,040
Petaluma$943,629
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Petaluma: 2 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Values in 94954 have been fairly steady, with the typical home value at $829,040, up 0.6% over the past year as of September 2026. There were 39 homes for sale and 20 new listings, so buyers have some options but not a flood of choices. Sellers are pricing around a median list price of $865,000, and homes are moving in a median of 30 days. Still, 28.2% of listings have taken a price cut, which suggests some asking prices are starting above what buyers will pay. For a seller, the realistic read is that pricing carefully from the start matters more than testing the top of the market.

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Down payment20% · $165,808

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Common questions

What people ask us.

How much is a home in 94954 worth?

The typical home value in Petaluma, CA 94954 is $829,040, up 0.6% over the past year as of September 2026.

How fast are homes selling in 94954?

Homes are going under contract in a median of 30 days, with a median list price of $865,000 as of September 2026.

Are sellers cutting prices in 94954?

Yes. 28.2% of listings had a price cut as of September 2026, out of 39 homes for sale.

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Nearby ZIP markets.

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