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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chowchilla is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Chowchilla, CA

How much do homes in Chowchilla, CA cost?

Median Sold Price

$399,500

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$500(-0.1%)

Key Takeaway

The sold price of homes in Chowchilla has remained the same since last year.

Summary: The median home sold price in Chowchilla was $399,500 in October 2024, down 0.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199K$175K
-12.1%
2 $235K$274.5K
+16.8%
3 $349.9K$375K
+7.1%
4 $449K$440K
-2.0%
5+ $464K$470K
+1.3%

Summary: Chowchilla housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.1%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 1.3%.

Housing Supply in Chowchilla, CA

How many homes are available in Chowchilla, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
64640.0%

Summary: The Chowchilla real estate market had 64 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 76
-14.3%
3 3228
-12.5%
4 2126
+23.8%
5+ 44
0.0%

Summary: The Chowchilla 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 decreased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chowchilla, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Chowchilla in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Chowchilla, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days31 Days+16.7%

Summary: Homes in Chowchilla had an average of 31 days on market in Oct 2024, up by 16.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Chowchilla; 69% of homes were sold within 30 days, 31% 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 16 Days Ago

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