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 November 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

$394,900

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,100(-5.3%)

Key Takeaway

Homes in Chowchilla have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Chowchilla was $394,900 in November 2024, down 5.3% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $152.5K-
N/A
2 $225K$269K
+19.6%
3 $342K$383.4K
+12.1%
4 $449.9K$422.7K
-6.1%
5+ $475K$469.9K
-1.1%

Summary: Chowchilla housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 1.1%.

Housing Supply in Chowchilla, CA

How many homes are available in Chowchilla, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6659-10.6%

Summary: The Chowchilla real estate market had 59 homes for sale in November 2024, a 10.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 62
-66.7%
3 2728
+3.7%
4 2927
-6.9%
5+ 42
-50.0%

Summary: The Chowchilla housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 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. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Chowchilla in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
44 Days42 Days-4.2%

Summary: Homes in Chowchilla had an average of 42 days on market in Nov 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 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 November 2024, 11 homes were sold in Chowchilla; 64% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

Newest Listings in Chowchilla, CA

Nearby Markets to Chowchilla, CA