Buellton Housing Update: Prices Level, Sales Mixed Heading Into Spring

Top takeaways

• Typical home value around $902K, flat year over year.
• Median sale price $719K in January, down 5.4% from a year ago.
• Roughly 17 homes on the market at last update.
• Average rent about $3,700–$4,200, up from 2025 levels.

The Buellton, CA housing market is entering spring with steady values but softer recent sales. Zillow’s Home Value Index shows a typical home value of $902,492 as of late February, essentially unchanged from a year earlier. Inventory remains limited, with 17 homes listed at the end of February.

Closed sales tell a more mixed story. Redfin reports a median sale price of $719,000 in January 2026, down 5.4% year over year, with homes averaging 59 days on market. Price per square foot rose to $517, suggesting buyers are still paying for well-located or updated properties even as overall sale prices fluctuate.

Rental market snapshot

Rental costs continue to trend higher. Zillow data shows average rent around $3,700 in February, up $700 from a year earlier, with about a dozen units available. Separate rental listings show asking rents reaching roughly $4,200 for larger homes, underscoring tight supply for single-family rentals.

What’s for sale

Active listings range from newer manufactured homes in local parks to townhome-style condos and higher-priced single-family properties. A recently listed condo on Matthew Way is offered at $825,000, reflecting demand for lower-maintenance options. Updated manufactured homes in established communities are also on the market, providing comparatively lower entry points than detached houses.

With modest inventory and steady values, the market appears balanced but selective. Buyers have more time to evaluate options than during peak pandemic years, while sellers are adjusting expectations to current pricing and days on market.

Are you seeing more listings or price adjustments in your neighborhood this spring?

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