$4,750 Closing Credit*
$399,999
1,432 SqFt
3 Beds
•2 Full Baths
Nolan E Parsons, Listing Office: Parsons Realty
Is Cottonwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cottonwood was a Seller's Market.
Key Takeaway
Cottonwood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cottonwood, CA
How much do homes in Cottonwood, CA cost?
Median Sold Price
$355,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,000(-5.3%)
Key Takeaway
Homes in Cottonwood have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Cottonwood was $355,000 in November 2024, down 5.3% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $331.5K | - | N/A |
| 2 Bedrooms | $251K | $277K | +10.4% |
| 3 Bedrooms | $369.9K | $345K | -6.7% |
| 4 Bedrooms | $459K | $460K | 0.2% |
| 5+ Bedrooms | $649.4K | $410K | -36.9% |
Summary: Cottonwood 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 10.4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 36.9%.
Median Sold Price Compared To Nearby Cities
| Southwest Shasta | $425K | $443K | +4.2% |
| Anderson | $325K | $315.5K | -2.9% |
| Cottonwood | $375K | $355K | -5.3% |
Housing Supply in Cottonwood, CA
How many homes are available in Cottonwood, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 93 | 85 | -8.6% |
Summary: The Cottonwood real estate market had 85 homes for sale in November 2024, a 8.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 68 | 62 | -8.8% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Cottonwood 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 remained the same, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cottonwood, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Cottonwood in November 2024, down by 26.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Cottonwood, CA
How long does it take to sell a home in Cottonwood, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 95 Days | +12.9% |
Summary: Homes in Cottonwood had an average of 95 days on market in Nov 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cottonwood has remained consistent over time.
Summary: During November 2024, 14 homes were sold in Cottonwood; 7% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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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. 
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