Is 95348, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95348 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 95348 was a Seller's Market.

Key Takeaway

95348 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 95348, CA

How much do homes in 95348, CA cost?

Median Sold Price

$425,000

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,501(+9.4%)

Key Takeaway

Homes in 95348 have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in 95348 was $425,000 in November 2024, up 9.4% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $289.3K$302.5K
+4.5%
3 $374K$388.5K
+3.9%
4 $425K$450K
+5.9%
5+ $490K$509K
+3.9%

Summary: 95348 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

95388
+14.5%
95348
+9.4%
95301
+6.8%
95340
+3.3%

Housing Supply in 95348, CA

How many homes are available in 95348, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
116110-5.2%

Summary: The 95348 real estate market had 110 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 5346
-13.2%
4 3635
-2.8%
5+ 1822
+22.2%

Summary: The 95348 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95348, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 95348 in November 2024, down by 28.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 11% were sold at asking, and 28% were sold over asking.

Days on Market for 95348, CA

How long does it take to sell a home in 95348, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days78 Days+103.3%

Summary: Homes in 95348 had an average of 78 days on market in Nov 2024, up by 103.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 95348 has remained consistent over time.

Summary: During November 2024, 18 homes were sold in 95348; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 28% 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 17 Days Ago

Newest Listings in 95348, CA

Nearby Markets to 95348, CA