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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacumba is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jacumba was a Neutral Market.

Key Takeaway

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

Housing Prices in Jacumba, CA

How much do homes in Jacumba, CA cost?

Median Sold Price

$309,000

$354/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$3,000(-1.0%)

Key Takeaway

Homes in Jacumba have sold for 1% less than they did a month ago.

Summary: The median home sold price in Jacumba was $309,000 in May 2024, down 1% from last month, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$299K
N/A
2 -$319K
N/A
3 $312K-
N/A
4 --
N/A
5+ --
N/A

Summary: Jacumba housing prices by bedroom type for May 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 Jacumba, CA

How many homes are available in Jacumba, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The Jacumba real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 22
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacumba, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Jacumba in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Jacumba, CA

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

Average Sale Time

Apr 2024May 2024CHANGE
34 Days15 Days-54.4%

Summary: Homes in Jacumba had an average of 15 days on market in May 2024, down by 54.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Jacumba; 100% of homes were sold within 30 days, 0% 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 10 Days Ago

Newest Listings in Jacumba, CA

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