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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homeland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Homeland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Homeland, CA

How much do homes in Homeland, CA cost?

Median Sold Price

$572,417

$243/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$44,116(+8.4%)

Key Takeaway

Homes in Homeland have sold for 8.4% more than they did a month ago.

Summary: The median home sold price in Homeland was $572,417 in September 2024, up 8.4% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $450K$220K
-51.1%
3 $511.6K$470.4K
-8.1%
4 $590.9K-
N/A
5+ -$635K
N/A

Summary: Homeland housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.1%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Homeland
+8.4%
Green Acres
-30.9%

Housing Supply in Homeland, CA

How many homes are available in Homeland, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2927-6.9%

Summary: The Homeland real estate market had 27 homes for sale in September 2024, a 6.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1511
-26.7%
4 811
+37.5%
5+ 44
0.0%

Summary: The Homeland housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 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 Homeland, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Homeland in September 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Homeland, CA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
58 Days83 Days+42.2%

Summary: Homes in Homeland had an average of 83 days on market in Sep 2024, up by 42.2% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 6 homes were sold in Homeland; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 26 Days Ago

Newest Listings in Homeland, CA

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