Is 93656, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 93656 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 93656 was a Seller's Market.

Key Takeaway

93656 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 93656, CA

How much do homes in 93656, CA cost?

Median Sold Price

$360,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$107,550(+42.6%)

Key Takeaway

Homes in 93656 have sold for 42.6% more than they did a year ago.

Summary: The median home sold price in 93656 was $360,000 in October 2024, up 42.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$309.9K
+50.4%
3 $258.9K$360K
+39.0%
4 $249.5K$362.5K
+45.3%
5+ $319K$637.5K
+99.8%

Summary: 93656 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.4%, 3 bedroom homes increased by 39%, 4 bedroom homes increased by 45.3%, and 5+ bedroom homes increased by 99.8%.

Median Sold Price Compared To Nearby Zip Codes

93656
+42.6%
93245
+8.9%
93609
+2.2%

Housing Supply in 93656, CA

How many homes are available in 93656, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1014+40.0%

Summary: The 93656 real estate market had 14 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 46
+50.0%
4 45
+25.0%
5+ 11
0.0%

Summary: The 93656 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 93656, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 93656 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 93656, CA

How long does it take to sell a home in 93656, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days15 Days+29.2%

Summary: Homes in 93656 had an average of 15 days on market in Oct 2024, up by 29.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 93656 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 93656; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 93656, CA

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