Is Hanford Northeast, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hanford Northeast is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hanford Northeast was a Buyer's Market.

Key Takeaway

Hanford Northeast 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 Hanford Northeast, CA

How much do homes in Hanford Northeast, CA cost?

Median Sold Price

$325,000

$290/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$355,000(-52.2%)

Key Takeaway

Homes in Hanford Northeast have sold for 52.2% less than they did a month ago.

Summary: The median home sold price in Hanford Northeast was $325,000 in November 2024, down 52.2% from last month, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$325K
N/A
3 $680K-
N/A
4 --
N/A
5+ --
N/A

Summary: Hanford Northeast housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hanford Northeast, CA

How many homes are available in Hanford Northeast, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Hanford Northeast real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Hanford Northeast 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hanford Northeast, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hanford Northeast in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hanford Northeast, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days37 Days+362.5%

Summary: Homes in Hanford Northeast had an average of 37 days on market in Nov 2024, up by 362.5% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Hanford Northeast has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Hanford Northeast; 0% of homes were sold within 30 days, 100% 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 23 Days Ago

Newest Listings in Hanford Northeast, CA

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