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 Neutral 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

$775,000

$267/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$135,100(+21.1%)

Key Takeaway

Homes in Citrus Heights North have sold for 21.1% more than they did a month ago.

Summary: The median home sold price in Citrus Heights North was $775,000 in December 2024, up 21.1% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $555K-
N/A
3 --
N/A
4 $762.4K$760K
-0.3%
5+ -$877K
N/A

Summary: Citrus Heights North housing prices by bedroom type for December 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 0.3%, and 5+ bedroom homes did not change.

Housing Supply in Citrus Heights North, CA

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1920+5.3%

Summary: The Citrus Heights North real estate market had 20 homes for sale in December 2024, a 5.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Citrus Heights North housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was 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 could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Citrus Heights North in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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

Nov 2024Dec 2024CHANGE
98 Days33 Days-66.0%

Summary: Homes in Citrus Heights North had an average of 33 days on market in Dec 2024, down by 66% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 4 homes were sold in Citrus Heights North; 75% of homes were sold within 30 days, 25% 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 1 Day Ago

Newest Listings in Citrus Heights North, CA

Nearby Markets to Citrus Heights North, CA