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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anaheim is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Anaheim, CA

How much do homes in Anaheim, CA cost?

Median Sold Price

$902,431

$568/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$82,431(+10.1%)

Key Takeaway

Homes in Anaheim have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Anaheim was $902,431 in October 2024, up 10.1% from last year, and the median price per square foot was $568.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $502.5K$512.5K
+2.0%
2 $630K$685K
+8.7%
3 $815K$880K
+8.0%
4 $920.4K$1.0M
+9.5%
5+ $1.2M$1.5M
+25.0%

Summary: Anaheim housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 25%.

Median Sold Price Compared To Nearby Cities

Orange
+14.4%
Placentia
+10.9%
Anaheim-Santa Ana-Garden Grove
+10.6%
Anaheim
+10.1%
Fullerton
+9.8%

Housing Supply in Anaheim, CA

How many homes are available in Anaheim, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4454450.0%

Summary: The Anaheim real estate market had 445 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1210
-16.7%
2 7069
-1.4%
3 183181
-1.1%
4 132132
0.0%
5+ 4853
+10.4%

Summary: The Anaheim housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118126+6.8%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

62 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anaheim, you could pay more than the asking price. 49.2% of homes here sold above asking price last month.

Summary: A total of 126 homes were sold or pending in Anaheim in October 2024, up by 6.8% month-over-month. Of the 126 sold homes, 36% were sold under asking, 15% were sold at asking, and 49% were sold over asking.

Days on Market for Anaheim, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days21 Days-23.6%

Summary: Homes in Anaheim had an average of 21 days on market in Oct 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

97 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Anaheim are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 126 homes were sold in Anaheim; 77% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

Newest Listings in Anaheim, CA

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