Is Citrus Heights North, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Citrus Heights North is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Citrus Heights North was a Buyer's Market.

Key Takeaway

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

Housing Prices in Citrus Heights North, CA

How much do homes in Citrus Heights North, CA cost?

Median Sold Price

$745,000

$279/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$165,000(-18.1%)

Key Takeaway

Homes in Citrus Heights North have sold for 18.1% less than they did a month ago.

Summary: The median home sold price in Citrus Heights North was $745,000 in October 2024, down 18.1% from last month, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $910K$662.5K
-27.2%
5+ -$880K
N/A

Summary: Citrus Heights North housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 27.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ventana At Duncan Canyon
-1.8%
Citrus Heights North
-18.1%

Housing Supply in Citrus Heights North, CA

How many homes are available in Citrus Heights North, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1821+16.7%

Summary: The Citrus Heights North real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 1413
-7.1%
5+ 24
+100.0%

Summary: The Citrus Heights North 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 200%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Citrus Heights North, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Citrus Heights North in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Citrus Heights North, CA

How long does it take to sell a home in Citrus Heights North, CA?

Average Sale Time

Sep 2024Oct 2024CHANGE
21 Days43 Days+108.6%

Summary: Homes in Citrus Heights North had an average of 43 days on market in Oct 2024, up by 108.6% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Citrus Heights North; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Citrus Heights North, CA

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