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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anderson is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Anderson, CA

How much do homes in Anderson, CA cost?

Median Sold Price

$321,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-1.1%)

Key Takeaway

Homes in Anderson have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Anderson was $321,500 in October 2024, down 1.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$172K
+49.6%
2 $225K$262.5K
+16.7%
3 $325K$320K
-1.5%
4 $440K$470K
+6.8%
5+ $581.2K$465K
-20.0%

Summary: Anderson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.6%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 20%.

Median Sold Price Compared To Nearby Cities

Anderson
-1.1%
Cottonwood
-2.7%

Housing Supply in Anderson, CA

How many homes are available in Anderson, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1051050.0%

Summary: The Anderson real estate market had 105 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1414
0.0%
3 6969
0.0%
4 1717
0.0%
5+ 55
0.0%

Summary: The Anderson 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anderson, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Anderson in October 2024, down by 9.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 16% were sold at asking, and 42% were sold over asking.

Days on Market for Anderson, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days57 Days-9.0%

Summary: Homes in Anderson had an average of 57 days on market in Oct 2024, down by 9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Anderson; 21% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 26% 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 Anderson, CA

Nearby Markets to Anderson, CA