Is Live Oak, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Live Oak is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Live Oak, CA

How much do homes in Live Oak, CA cost?

Median Sold Price

$391,950

$256/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$68,950(+21.3%)

Key Takeaway

Homes in Live Oak have sold for 21.3% more than they did a month ago.

Summary: The median home sold price in Live Oak was $391,950 in November 2024, up 21.3% from last month, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $323K$310K
-4.0%
4 -$473.9K
N/A
5+ --
N/A

Summary: Live Oak 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 decreased by 4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Live Oak, CA

How many homes are available in Live Oak, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Live Oak real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Live Oak 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

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

Days on Market for Live Oak, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
5 Days32 Days+550.0%

Summary: Homes in Live Oak had an average of 32 days on market in Nov 2024, up by 550% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Live Oak are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Live Oak; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

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