$8,253 Closing Credit*
$695,000
2,632 SqFt
4 Beds
•2 Full Baths, 1 Partial
Hatim M. Elmashni, Listing Office: Compass
Is Manteca, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Manteca has remained a Seller's Market.
Key Takeaway
Manteca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manteca, CA
How much do homes in Manteca, CA cost?
Median Sold Price
$657,729
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,229(+2.4%)
Key Takeaway
Homes in Manteca have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Manteca was $657,729 in October 2024, up 2.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $515K | $505K | -1.9% |
| 3 Bedrooms | $570K | $575.7K | +1.0% |
| 4 Bedrooms | $676K | $689K | +1.9% |
| 5+ Bedrooms | $785.8K | $847.7K | +7.9% |
Summary: Manteca housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in Manteca, CA
How many homes are available in Manteca, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 78 | -4.9% |
Summary: The Manteca real estate market had 78 homes for sale in October 2024, a 4.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 35 | 32 | -8.6% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Manteca housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manteca, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Manteca in October 2024, down by 4.8% month-over-month. Of the 18 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Manteca, CA
How long does it take to sell a home in Manteca, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 33 Days | +44.1% |
Summary: Homes in Manteca had an average of 33 days on market in Oct 2024, up by 44.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manteca are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Manteca; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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