Is 95409, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95409 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 95409 has remained a Seller's Market.

Key Takeaway

95409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95409, CA

How much do homes in 95409, CA cost?

Median Sold Price

$751,666

$455/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,666(+0.2%)

Key Takeaway

The sold price of homes in 95409 has remained the same since last year.

Summary: The median home sold price in 95409 was $751,666 in November 2024, up 0.2% from last year, and the median price per square foot was $455.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $407.5K$344.9K
-15.3%
2 $635.5K$615K
-3.2%
3 $800K$800K
0.0%
4 $919K$968K
+5.3%
5+ $1.2M$1.3M
+9.6%

Summary: 95409 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Zip Codes

94574
+30.1%
95409
0.2%
95405
-1.5%
95404
-2.5%

Housing Supply in 95409, CA

How many homes are available in 95409, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
125106-15.2%

Summary: The 95409 real estate market had 106 homes for sale in November 2024, a 15.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 4132
-22.0%
3 5246
-11.5%
4 2119
-9.5%
5+ 66
0.0%

Summary: The 95409 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 22%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3825-34.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95409, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 95409 in November 2024, down by 34.2% month-over-month. Of the 25 sold homes, 60% were sold under asking, 8% were sold at asking, and 32% were sold over asking.

Days on Market for 95409, CA

We’re sorry, we don't have information for this market at the moment

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 95409, CA

Nearby Markets to 95409, CA