Is 95448, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95448 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 95448 was a Seller's Market.

Key Takeaway

95448 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 95448, CA

How much do homes in 95448, CA cost?

Median Sold Price

$1,125,000

$651/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$101,750(-8.3%)

Key Takeaway

Homes in 95448 have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in 95448 was $1,125,000 in October 2024, down 8.3% from last year, and the median price per square foot was $651.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $548K$1.0M
+85.7%
2 $807.5K$785K
-2.8%
3 $1.0M$1.1M
+13.8%
4 $3.0M$1.5M
-49.8%
5+ $2.5M$3.0M
+19.9%

Summary: 95448 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 85.7%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 49.8%, and 5+ bedroom homes increased by 19.9%.

Median Sold Price Compared To Nearby Zip Codes

95446
+4.3%
95492
-0.4%
95448
-8.3%
95436
-16.8%

Housing Supply in 95448, CA

How many homes are available in 95448, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103109+5.8%

Summary: The 95448 real estate market had 109 homes for sale in October 2024, a 5.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 2120
-4.8%
3 4451
+15.9%
4 2220
-9.1%
5+ 1113
+18.2%

Summary: The 95448 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 decreased by 4.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95448, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 95448 in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.

Days on Market for 95448, CA

How long does it take to sell a home in 95448, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
99 Days14 Days-85.9%

Summary: Homes in 95448 had an average of 14 days on market in Oct 2024, down by 85.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 95448 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in 95448; 6% 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 17 Days Ago

Newest Listings in 95448, CA

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