$3,859 Closing Credit*
$325,000
1,074 SqFt
3 Beds
•2 Baths
Norma Hollnagel, Listing Office: London Properties-Kingsburg
Is 93648, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 93648 was a Buyer's Market.
Key Takeaway
93648 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 93648, CA
How much do homes in 93648, CA cost?
Median Sold Price
$328,750
$248/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$68,750(-17.3%)
Key Takeaway
Homes in 93648 have sold for 17.3% less than they did a month ago.
Summary: The median home sold price in 93648 was $328,750 in October 2024, down 17.3% from last month, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $286.2K | N/A |
| 4 Bedrooms | $340K | - | N/A |
| 5+ Bedrooms | $455K | $897.5K | +97.3% |
Summary: 93648 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 97.3%.
Housing Supply in 93648, CA
How many homes are available in 93648, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The 93648 real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 93648 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 93648, 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 93648 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 93648, CA
How long does it take to sell a home in 93648, CA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 18 Days | +21.0% |
Summary: Homes in 93648 had an average of 18 days on market in Oct 2024, up by 21% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 93648 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in 93648; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
