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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grand is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Grand has remained a Seller's Market.

Key Takeaway

Grand is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Grand, CA

How much do homes in Grand, CA cost?

Median Sold Price

$615,000

$419/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+2.5%)

Key Takeaway

Homes in Grand have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Grand was $615,000 in December 2024, up 2.5% from last year, and the median price per square foot was $419.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $502.5K$535K
+6.5%
3 $602.5K$615K
+2.1%
4 $658K$663.5K
+0.8%
5+ $1.2M$765K
-37.8%

Summary: Grand housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 37.8%.

Median Sold Price Compared To Nearby Neighborhoods

Rubidoux
+14.2%
Magnolia Center
+5.6%
Grand
+2.5%
Wood Streets
+2.1%
Downtown Riverside
-0.5%

Housing Supply in Grand, CA

How many homes are available in Grand, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2013-35.0%

Summary: The Grand real estate market had 13 homes for sale in December 2024, a 35.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 53
-40.0%
3 118
-27.3%
4 32
-33.3%
5+ 00
0.0%

Summary: The Grand housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grand, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Grand in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Grand, CA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
23 Days26 Days+13.1%

Summary: Homes in Grand had an average of 26 days on market in Dec 2024, up by 13.1% compared to last year.

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 Grand are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Grand; 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 4 Days Ago

Newest Listings in Grand, CA

Nearby Markets to Grand, CA