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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Longfellow is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Longfellow, CA

How much do homes in Longfellow, CA cost?

Median Sold Price

$865,000

$542/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,000(+4.8%)

Key Takeaway

Homes in Longfellow have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Longfellow was $865,000 in September 2024, up 4.8% from last year, and the median price per square foot was $542.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $479K$660K
+37.8%
2 $740K$777.5K
+5.1%
3 $966K$1.0M
+3.5%
4 $1.1M$1.0M
-10.9%
5+ $1.3M$1.1M
-9.6%

Summary: Longfellow housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 9.6%.

Median Sold Price Compared To Nearby Neighborhoods

Longfellow
+4.8%
Temescal
-16.0%
Brushrod
-17.0%

Housing Supply in Longfellow, CA

How many homes are available in Longfellow, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
17170.0%

Summary: The Longfellow real estate market had 17 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 64
-33.3%
4 22
0.0%
5+ 22
0.0%

Summary: The Longfellow 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 increased by 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was 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 Longfellow, 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 Longfellow in September 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Longfellow, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
23 Days11 Days-52.1%

Summary: Homes in Longfellow had an average of 11 days on market in Sep 2024, down by 52.1% compared to last year.

Breakdown of Home Sale Times

3 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 Longfellow are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Longfellow; 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 26 Days Ago

Newest Listings in Longfellow, CA

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