Is Needles, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Needles was a Seller's Market.
Housing Prices in Needles, CA
How much do homes in Needles, CA cost?
Median Sold Price
$140,000
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Needles was $140,000 in May 2024, up 3.7% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $46.7K | $20.1K | -57.0% |
2 Bedrooms | $57.5K | $89K | +54.8% |
3 Bedrooms | $155K | $162K | +4.5% |
4 Bedrooms | $135K | $165K | +22.2% |
5+ Bedrooms | $225K | - | N/A |
Summary: Needles housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 54.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes did not change.
Housing Supply in Needles, CA
How many homes are available in Needles, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 31 | 0.0% |
Summary: The Needles real estate market had 31 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Needles housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Needles in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Needles, CA
How long does it take to sell a home in Needles, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 58 Days | +38.9% |
Summary: Homes in Needles had an average of 58 days on market in May 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Needles; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.