Is 96080, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96080 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 96080 was a Seller's Market.

Key Takeaway

96080 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 96080, CA

How much do homes in 96080, CA cost?

Median Sold Price

$327,000

$224/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,500(-7.2%)

Key Takeaway

Homes in 96080 have sold for 7.2% less than they did a year ago.

Summary: The median home sold price in 96080 was $327,000 in November 2024, down 7.2% from last year, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $184.5K$65K
-64.8%
2 $290K$206K
-29.0%
3 $326.2K$352.5K
+8.0%
4 $408.5K$350K
-14.3%
5+ $505K$492K
-2.6%

Summary: 96080 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.8%, 2 bedroom homes decreased by 29%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Zip Codes

96055
+31.7%
96022
-5.3%
96080
-7.2%
96021
-9.1%

Housing Supply in 96080, CA

How many homes are available in 96080, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9187-4.4%

Summary: The 96080 real estate market had 87 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1412
-14.3%
3 5557
+3.6%
4 1713
-23.5%
5+ 44
0.0%

Summary: The 96080 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 14.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
146-57.1%

Asking Price vs. Sold Price

6 Homes Were 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 96080, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 96080 in November 2024, down by 57.1% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 96080, CA

How long does it take to sell a home in 96080, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
83 Days88 Days+5.9%

Summary: Homes in 96080 had an average of 88 days on market in Nov 2024, up by 5.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 96080 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 96080; 33% of homes were sold within 30 days, 17% 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 17 Days Ago

Newest Listings in 96080, CA

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