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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Landers is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Landers was a Neutral Market.

Key Takeaway

Landers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Landers, CA

How much do homes in Landers, CA cost?

Median Sold Price

$261,825

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$29,175(-10.0%)

Key Takeaway

Homes in Landers have sold for 10% less than they did a year ago.

Summary: The median home sold price in Landers was $261,825 in October 2024, down 10% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $235K$196.7K
-16.3%
2 $326.8K$322.5K
-1.3%
3 $352.5K$362.5K
+2.8%
4 $372.5K$350K
-6.0%
5+ $402K-
N/A

Summary: Landers housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.3%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lucerne Valley
+13.5%
Joshua Tree
-2.1%
Landers
-10.0%

Housing Supply in Landers, CA

How many homes are available in Landers, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3640+11.1%

Summary: The Landers real estate market had 40 homes for sale in October 2024, a 11.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1113
+18.2%
2 1716
-5.9%
3 68
+33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Landers housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Landers, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Landers in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Landers, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
72 Days16 Days-78.0%

Summary: Homes in Landers had an average of 16 days on market in Oct 2024, down by 78% compared to last year.

Breakdown of Home Sale Times

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

Summary: During October 2024, 3 homes were sold in Landers; 67% of homes were sold within 30 days, 33% 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 16 Days Ago

Newest Listings in Landers, CA

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