Is 96056, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96056 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 96056 has remained a Buyer's Market.

Key Takeaway

96056 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96056, CA

How much do homes in 96056, CA cost?

Median Sold Price

$282,000

$182/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$167,000(+145.2%)

Key Takeaway

Homes in 96056 have sold for 145.2% more than they did a month ago.

Summary: The median home sold price in 96056 was $282,000 in October 2024, up 145.2% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $115K$282K
+145.2%
4 --
N/A
5+ --
N/A

Summary: 96056 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 145.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

96056
+145.2%
96028
-65.6%

Housing Supply in 96056, CA

How many homes are available in 96056, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The 96056 real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 56
+20.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 96056 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 96056, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 96056 in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 96056, CA

How long does it take to sell a home in 96056, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
394 Days46 Days-88.3%

Summary: Homes in 96056 had an average of 46 days on market in Oct 2024, down by 88.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 96056 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 96056; 0% of homes were sold within 30 days, 100% 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 14 Days Ago

Newest Listings in 96056, CA

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