Metro area index
Home appreciation in the Santa Rosa-Petaluma, CA metro area
FHFA HPI® data shows the Santa Rosa-Petaluma, CA metro area's all-transactions index changed +0.8% over the year to Q2 2026, versus +0.9% for California and +3.0% for the U.S. That ranks 333rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +0.8%
- 5-year change
- +17.6%
- Since Q1 1995
- +323%
- Metro rank (1 year)
- 333rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Santa Rosa-Petaluma, CA vs California and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Santa Rosa-Petaluma, CA: 422.7
- California: 488.5
- United States: 391.6
Appreciation by time window
| Window | Metro | CA | U.S. | Gap vs CA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +0.8% | +0.9% | +3.0% | −0.1 pts | −2.2 pts |
| 3 years | +4.2% | +7.7% | +12.9% | −3.5 pts | −8.7 pts |
| 5 years | +17.6% | +28.1% | +41.3% | −10.5 pts | −23.7 pts |
| 10 years | +52.0% | +76.2% | +93.3% | −24.2 pts | −41.4 pts |
| Since Q1 1995 | +323% | +388% | +292% | −65.8 pts | +31.2 pts |
3-digit ZIP regions in the Santa Rosa-Petaluma, CA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 954 · Santa Rosa, CA area | CA | +0.9% | +16.4% | +307% | 70% |
| 949 · Petaluma, CA area | CA | +2.7% | +19.9% | +319% | 34% |
Boom, bust, and recovery in Santa Rosa-Petaluma, CA area
Santa Rosa-Petaluma, CA area's index peaked in Q1 2006, fell 41.4% to its low in Q1 2012, and regained its peak in Q3 2017, about 11.5 years after the top. Today it sits +40.0% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2006 | Q1 2012 | -41.4% | Q3 2017 (11.5 yrs) | +40.0% |
| CA | Q3 2006 | Q1 2012 | -41.0% | Q2 2019 (12.8 yrs) | +50.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Santa Rosa-Petaluma, CA area's index has changed +90.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | CA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -3.0% | -2.9% | -0.8% |
| 3 years | +9.8% | -5.2% | -1.9% | +2.8% |
| 5 years | +24.0% | -5.2% | +3.3% | +13.9% |
| 10 years | +39.1% | +9.3% | +26.7% | +39.0% |
| Since Q1 1995 | +121% | +90.9% | +121% | +76.8% |
If you bought in the Santa Rosa-Petaluma, CA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +318% | $1,253,553 |
| Q2 2000 | +182% | $847,344 |
| Q2 2005 | +49.7% | $449,182 |
| Q2 2010 | +118% | $653,924 |
| Q2 2015 | +65.0% | $494,954 |
| Q2 2020 | +27.4% | $382,213 |
| Q2 2021 | +17.6% | $352,705 |
| Q2 2023 | +4.1% | $312,446 |
| Q2 2025 | +0.8% | $302,375 |
Frequently asked questions
- How much have home prices risen in the Santa Rosa-Petaluma, CA area?
- FHFA HPI® data for the Santa Rosa-Petaluma, CA metro area shows changes of +0.8% over one year, +17.6% over five years, and +52.0% over ten years to Q2 2026, and +323% since Q1 1995.
- Is the Santa Rosa-Petaluma, CA area beating the national average?
- Over the past year the metro's index moved −2.2 pts versus the U.S.; over five years the gap is −23.7 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.