$3,919 Closing Credit*
$330,000
1,035 SqFt
3 Beds
•2 Full Baths
Patricia Lindsay, Listing Office: Beneficial RE Services Inc.
Is 92256, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 92256 was a Seller's Market.
Key Takeaway
92256 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 92256, CA
How much do homes in 92256, CA cost?
Median Sold Price
$335,000
$235/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in 92256 has remained the same since last year.
Summary: The median home sold price in 92256 was $335,000 in October 2024, the same as last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $270K | -5.3% |
| 2 Bedrooms | $305K | $317.5K | +4.1% |
| 3 Bedrooms | $372.5K | $346K | -7.1% |
| 4 Bedrooms | $410.5K | $399K | -2.8% |
| 5+ Bedrooms | $822.5K | - | N/A |
Summary: 92256 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 92284 | $365K | $375K | +2.7% |
| 92256 | $335K | $335K | 0.0% |
Housing Supply in 92256, CA
How many homes are available in 92256, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The 92256 real estate market had 38 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 92256 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 92256, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 92256 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 92256, CA
How long does it take to sell a home in 92256, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 219 Days | +172.0% |
Summary: Homes in 92256 had an average of 219 days on market in Oct 2024, up by 172% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 92256 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in 92256; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.