Is Mira Loma, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mira Loma is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Mira Loma, CA

How much do homes in Mira Loma, CA cost?

Median Sold Price

$820,000

$387/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$80,000(+10.8%)

Key Takeaway

Homes in Mira Loma have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Mira Loma was $820,000 in November 2024, up 10.8% from last year, and the median price per square foot was $387.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $553.5K$580K
+4.8%
3 $672.5K$700K
+4.1%
4 $756K$798.4K
+5.6%
5+ $938.8K$971.5K
+3.5%

Summary: Mira Loma 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 4.8%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

Mira Loma
+10.8%
La Sierra Acres
+9.9%
Jurupa Valley
+9.2%
Pedley
+9.2%
Corona Valley / Eastvale
+6.9%

Housing Supply in Mira Loma, CA

How many homes are available in Mira Loma, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4644-4.3%

Summary: The Mira Loma real estate market had 44 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 87
-12.5%
4 1417
+21.4%
5+ 2016
-20.0%

Summary: The Mira Loma 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 12.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mira Loma, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Mira Loma in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and 55% were sold over asking.

Days on Market for Mira Loma, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days34 Days+28.1%

Summary: Homes in Mira Loma had an average of 34 days on market in Nov 2024, up by 28.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Mira Loma; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in Mira Loma, CA

Nearby Markets to Mira Loma, CA