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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inglewood is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Inglewood, CA

How much do homes in Inglewood, CA cost?

Median Sold Price

$755,000

$507/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$38,000(+5.3%)

Key Takeaway

Homes in Inglewood have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Inglewood was $755,000 in December 2024, up 5.3% from last year, and the median price per square foot was $507.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $371K$370K
-0.3%
2 $582.5K$577.5K
-0.9%
3 $775K$790K
+1.9%
4 $959K$921.2K
-3.9%
5+ $1.3M$1.1M
-17.4%

Summary: Inglewood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 17.4%.

Median Sold Price Compared To Nearby Cities

Hawthorne
+6.2%
Los Angeles
+5.7%
Inglewood
+5.3%

Housing Supply in Inglewood, CA

How many homes are available in Inglewood, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
155135-12.9%

Summary: The Inglewood real estate market had 135 homes for sale in December 2024, a 12.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1111
0.0%
2 4444
0.0%
3 6553
-18.5%
4 128
-33.3%
5+ 2319
-17.4%

Summary: The Inglewood housing inventory by bedroom type for December 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 18.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 17.4%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3534-2.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inglewood, you could pay more than the asking price. 44.1% of homes here sold above asking price last month.

Summary: A total of 34 homes were sold or pending in Inglewood in December 2024, down by 2.9% month-over-month. Of the 34 sold homes, 35% were sold under asking, 21% were sold at asking, and 44% were sold over asking.

Days on Market for Inglewood, CA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days40 Days-18.3%

Summary: Homes in Inglewood had an average of 40 days on market in Dec 2024, down by 18.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Inglewood has remained consistent over time.

Summary: During December 2024, 34 homes were sold in Inglewood; 38% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 6% 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

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