$4,382 Closing Credit*
$369,000
1,743 SqFt
3 Beds
•2 Full Baths
Mark Chitwood, Listing Office: Josh Barker Real Estate
Is Cottonwood, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cottonwood has remained a Seller's Market.
Key Takeaway
Cottonwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cottonwood, CA
How much do homes in Cottonwood, CA cost?
Median Sold Price
$360,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,949(-2.7%)
Key Takeaway
Homes in Cottonwood have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Cottonwood was $360,000 in October 2024, down 2.7% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $331.5K | - | N/A |
| 2 Bedrooms | $251K | $277K | +10.4% |
| 3 Bedrooms | $369K | $355K | -3.8% |
| 4 Bedrooms | $452K | $465K | +2.9% |
| 5+ Bedrooms | $582.2K | $410K | -29.6% |
Summary: Cottonwood housing prices by bedroom type for October 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 3.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 29.6%.
Median Sold Price Compared To Nearby Cities
| Anderson | $325K | $321.5K | -1.1% |
| Cottonwood | $369.9K | $360K | -2.7% |
| Southwest Shasta | $507.5K | $434K | -14.5% |
Housing Supply in Cottonwood, CA
How many homes are available in Cottonwood, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 102 | +7.4% |
Summary: The Cottonwood real estate market had 102 homes for sale in October 2024, a 7.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 71 | 74 | +4.2% |
| 4 Bedrooms | 13 | 16 | +23.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Cottonwood 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 increased by 16.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 18 | +38.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cottonwood, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Cottonwood in October 2024, up by 38.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 102 Days | 78 Days | -23.8% |
Summary: Homes in Cottonwood had an average of 78 days on market in Oct 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cottonwood has remained consistent over time.
Summary: During October 2024, 18 homes were sold in Cottonwood; 6% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 28% 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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