Is Friant, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Friant is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Friant has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Friant, CA

How much do homes in Friant, CA cost?

Median Sold Price

$597,070

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,170(+2.1%)

Key Takeaway

Homes in Friant have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Friant was $597,070 in October 2024, up 2.1% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$240K
N/A
3 $557.5K$525.2K
-5.8%
4 $609.2K$639.7K
+5.0%
5+ $623.9K$855K
+37.0%

Summary: Friant 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 did not change, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 37%.

Median Sold Price Compared To Nearby Cities

Friant
+2.1%
Yosemite Lakes
+2.0%
Coarsegold
0.5%
Auberry
-1.5%

Housing Supply in Friant, CA

How many homes are available in Friant, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4652+13.0%

Summary: The Friant real estate market had 52 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1417
+21.4%
4 2630
+15.4%
5+ 44
0.0%

Summary: The Friant 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 decreased by 50%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Friant, 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 Friant in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Friant, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days31 Days+9.7%

Summary: Homes in Friant had an average of 31 days on market in Oct 2024, up by 9.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Friant; 60% of homes were sold within 30 days, 40% 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 14 Days Ago

Newest Listings in Friant, CA

Nearby Markets to Friant, CA

What housing markets are near Friant, CA?