Is Mendota, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mendota has remained a Seller's Market.
Key Takeaway
Mendota is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mendota, CA
How much do homes in Mendota, CA cost?
Median Sold Price
$315,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Key Takeaway
Homes in Mendota have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Mendota was $315,000 in November 2024, up 3.3% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $410K | +105.0% |
| 3 Bedrooms | $305K | $315K | +3.3% |
| 4 Bedrooms | $350K | $315K | -10.0% |
| 5+ Bedrooms | $395K | - | N/A |
Summary: Mendota housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 105%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Housing Supply in Mendota, CA
How many homes are available in Mendota, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Summary: The Mendota real estate market had 1 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mendota 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mendota, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Mendota in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Mendota, CA
How long does it take to sell a home in Mendota, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 11 Days | +120.0% |
Summary: Homes in Mendota had an average of 11 days on market in Nov 2024, up by 120% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mendota are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Mendota; 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.
