Is 96148, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 96148 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 96148 has remained a Seller's Market.

Key Takeaway

96148 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 96148, CA

How much do homes in 96148, CA cost?

Median Sold Price

$2,600,000

$854/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$2,150,000(+477.8%)

Key Takeaway

Homes in 96148 have sold for 477.8% more than they did a month ago.

Summary: The median home sold price in 96148 was $2,600,000 in October 2024, up 477.8% from last month, and the median price per square foot was $854.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K-
N/A
4 -$2.6M
N/A
5+ --
N/A

Summary: 96148 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

96148
+477.8%
96161
-29.3%

Housing Supply in 96148, CA

How many homes are available in 96148, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The 96148 real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 00
0.0%
3 10
-100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 96148 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 remained the same, 3 bedroom homes decreased by 100%, 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 96148, 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 96148 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 96148, CA

How long does it take to sell a home in 96148, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
84 Days50 Days-40.5%

Summary: Homes in 96148 had an average of 50 days on market in Oct 2024, down by 40.5% 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 96148 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 96148; 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 4 Days Ago

Newest Listings in 96148, CA

Nearby Markets to 96148, CA