Is 95942, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95942 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 95942 has remained a Seller's Market.

Key Takeaway

95942 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95942, CA

How much do homes in 95942, CA cost?

Median Sold Price

$315,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$63,000(-16.7%)

Key Takeaway

Homes in 95942 have sold for 16.7% less than they did a year ago.

Summary: The median home sold price in 95942 was $315,000 in November 2024, down 16.7% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$229.5K
N/A
2 $350K$280K
-20.0%
3 $330K$400K
+21.2%
4 $745K$537K
-27.9%
5+ --
N/A

Summary: 95942 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 decreased by 20%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

95954
-4.6%
95942
-16.7%

Housing Supply in 95942, CA

How many homes are available in 95942, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The 95942 real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 55
0.0%
3 109
-10.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 95942 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95942, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 95942 in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for 95942, CA

How long does it take to sell a home in 95942, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days98 Days+94.1%

Summary: Homes in 95942 had an average of 98 days on market in Nov 2024, up by 94.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95942 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 6 homes were sold in 95942; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in 95942, CA

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