$9,132 Closing Credit*
$769,000
1,350 SqFt
3 Beds
•2 Full Baths
Ty Courtney Wallace, Listing Office: Coldwell Banker Tri-Counties R
Is Chino, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chino has remained a Seller's Market.
Key Takeaway
Chino is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chino, CA
How much do homes in Chino, CA cost?
Median Sold Price
$742,750
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,754(+6.1%)
Key Takeaway
Homes in Chino have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Chino was $742,750 in October 2024, up 6.1% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $457.5K | +38.6% |
| 2 Bedrooms | $508.8K | $535K | +5.1% |
| 3 Bedrooms | $645K | $685K | +6.2% |
| 4 Bedrooms | $752K | $800K | +6.4% |
| 5+ Bedrooms | $910K | $975K | +7.1% |
Summary: Chino housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.6%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Chino Hills | $905.3K | $989.9K | +9.3% |
| Pomona | $618.7K | $670K | +8.3% |
| Montclair | $620K | $660K | +6.5% |
| Chino | $699.9K | $742.7K | +6.1% |
| Ontario | $625.1K | $655K | +4.8% |
Housing Supply in Chino, CA
How many homes are available in Chino, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 218 | 213 | -2.3% |
Summary: The Chino real estate market had 213 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 79 | 89 | +12.7% |
| 4 Bedrooms | 84 | 71 | -15.5% |
| 5+ Bedrooms | 24 | 26 | +8.3% |
Summary: The Chino housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 61 | +1.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chino, you could pay more than the asking price. 50.8% of homes here sold above asking price last month.
Summary: A total of 61 homes were sold or pending in Chino in October 2024, up by 1.7% month-over-month. Of the 61 sold homes, 23% were sold under asking, 26% were sold at asking, and 51% were sold over asking.
Days on Market for Chino, CA
How long does it take to sell a home in Chino, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 24 Days | +31.5% |
Summary: Homes in Chino had an average of 24 days on market in Oct 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chino are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 61 homes were sold in Chino; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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.