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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maywood is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Maywood, CA

How much do homes in Maywood, CA cost?

Median Sold Price

$815,000

$441/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$165,000(+25.4%)

Key Takeaway

Homes in Maywood have sold for 25.4% more than they did a month ago.

Summary: The median home sold price in Maywood was $815,000 in October 2024, up 25.4% from last month, and the median price per square foot was $441.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $682.5K$743K
+8.9%
3 $582K$751K
+29.0%
4 -$885K
N/A
5+ -$961.5K
N/A

Summary: Maywood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 29%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Maywood
+25.4%
Huntington Park
-14.1%

Housing Supply in Maywood, CA

How many homes are available in Maywood, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The Maywood real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 78
+14.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Maywood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 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 Maywood, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Maywood in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Maywood, CA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days49 Days+686.3%

Summary: Homes in Maywood had an average of 49 days on market in Oct 2024, up by 686.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Maywood; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 Maywood, CA

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