$1,900 Closing Credit*
$160,000
1,008 SqFt
3 Beds
•2 Full Baths
Jill Barnett, Listing Office: High Country Real Estate
Is Burney, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Burney was a Buyer's Market.
Key Takeaway
Burney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burney, CA
How much do homes in Burney, CA cost?
Median Sold Price
$199,500
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$21,900(-9.9%)
Key Takeaway
Homes in Burney have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Burney was $199,500 in October 2024, down 9.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135.5K | N/A |
| 2 Bedrooms | $180K | $167.5K | -6.9% |
| 3 Bedrooms | $221.4K | $212.5K | -4.0% |
| 4 Bedrooms | $501K | $295K | -41.1% |
| 5+ Bedrooms | $325K | - | N/A |
Summary: Burney housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 41.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| East Shasta | $249K | $225K | -9.6% |
| Burney | $221.4K | $199.5K | -9.9% |
Housing Supply in Burney, CA
How many homes are available in Burney, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Burney real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Burney 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 increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burney, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Burney in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Burney, CA
How long does it take to sell a home in Burney, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 121 Days | 124 Days | +2.5% |
Summary: Homes in Burney had an average of 124 days on market in Oct 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Burney are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Burney; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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