According to statistics, the population in Petaluma, CA amounts to 60,210, which shows decline 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $84,949, shifting growth 5% from the past year, and the average property value in Petaluma, CA growth 12% to $556,900 throughout the year.
|Number Of Employees||30,491|
|Median Property Value||$556,900|
The average household income in Petaluma, CA grew from $80,907 to $84,949 in the past year. This data is an estimate based upon 22,202 households in Petaluma, CA . The chart below presents how household income is distributed in Petaluma, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Petaluma, CA shifted from $498,200 to $556,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Petaluma, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Petaluma, CA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Petaluma, CA compared to median property taxes around the country. The prevalent amount of property taxes in Petaluma, CA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$250,560||-56.4%|
|1 bed for sale||$420,000||-2.4%|
|2 bed for sale||$948,637||-1.5%|
|3 bed for sale||$864,575||-9%|
|4+ bed for sale||$1,191,959||-3.4%|
During Jul 2022, the average price for an apartment in/near Petaluma, CA decreased by 10.3% to $910,209.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 2.4% to $420,000. Asking price for 2-bed apartment also decreased by 1.5% and a place of this size will now cost you $948,637. A 3-bed apartment goes for $864,575, it decreased by 9% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 3.4% and made it down to $1,191,959.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$1,079,685||-3.5%|
|Condos for sale||$567,750||-7.5%|
|Other for sale||$2,500,000||+18.5%|
|Land for sale||$581,666||+46.1%|
|Duplexes for sale||$929,000||N/A|
|Apartments for sale||$250,560||-51.3%|
|Townhouses for sale||$425,000||N/A|
The average cost of an apartment in Petaluma, CA decreased by 51.3% to $250,560. Price reports demonstrate that house price decreased by 3.5% this month making it up to $1,079,685. Condos faced an upward trend these days. The median price for a condo decreased by 7.5%, it’s now available for $567,750. An average value of duplex is $929,000, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $425,000.