Is 95338, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95338 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 95338 was a Neutral Market.

Key Takeaway

95338 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95338, CA

How much do homes in 95338, CA cost?

Median Sold Price

$410,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+5.1%)

Key Takeaway

Homes in 95338 have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in 95338 was $410,000 in October 2024, up 5.1% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $327.5K$309K
-5.6%
2 $374.7K$337.5K
-9.9%
3 $397K$415K
+4.5%
4 $492.5K$495K
0.5%
5+ $652.9K$623.5K
-4.5%

Summary: 95338 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 4.5%.

Housing Supply in 95338, CA

How many homes are available in 95338, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7581+8.0%

Summary: The 95338 real estate market had 81 homes for sale in October 2024, a 8.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 1314
+7.7%
3 3639
+8.3%
4 1516
+6.7%
5+ 1111
0.0%

Summary: The 95338 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95338, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 95338 in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for 95338, CA

How long does it take to sell a home in 95338, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
78 Days46 Days-40.0%

Summary: Homes in 95338 had an average of 46 days on market in Oct 2024, down by 40% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 95338 has remained consistent over time.

Summary: During October 2024, 9 homes were sold in 95338; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% 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 13 Days Ago

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