Is Fort Bragg, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Bragg is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Fort Bragg was a Seller's Market.

Key Takeaway

Fort Bragg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Fort Bragg, CA

How much do homes in Fort Bragg, CA cost?

Median Sold Price

$632,500

$396/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.4%)

Key Takeaway

The sold price of homes in Fort Bragg has remained the same since last year.

Summary: The median home sold price in Fort Bragg was $632,500 in October 2024, down 0.4% from last year, and the median price per square foot was $396.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $385K$450K
+16.9%
2 $595K$517K
-13.1%
3 $657.5K$635K
-3.4%
4 $850K$777.5K
-8.5%
5+ $1.2M$1.5M
+21.1%

Summary: Fort Bragg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes decreased by 13.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 21.1%.

Housing Supply in Fort Bragg, CA

How many homes are available in Fort Bragg, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6864-5.9%

Summary: The Fort Bragg real estate market had 64 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1813
-27.8%
3 3235
+9.4%
4 129
-25.0%
5+ 55
0.0%

Summary: The Fort Bragg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 27.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Bragg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Fort Bragg in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Fort Bragg, CA

How long does it take to sell a home in Fort Bragg, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days85 Days+32.1%

Summary: Homes in Fort Bragg had an average of 85 days on market in Oct 2024, up by 32.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Bragg are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Fort Bragg; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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