Is Modoc County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Modoc County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Modoc County was a Seller's Market.

Key Takeaway

Modoc County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Modoc County, CA

How much do homes in Modoc County, CA cost?

Median Sold Price

$2,412,500

$1,964/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$1,733,500(+255.3%)

Key Takeaway

Homes in Modoc County have sold for 255.3% more than they did a month ago.

Summary: The median home sold price in Modoc County was $2,412,500 in November 2024, up 255.3% from last month, and the median price per square foot was $1,964.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $80K-
N/A
2 $1.0M$2.4M
+129.8%
3 $3.2M-
N/A
4 $308K-
N/A
5+ --
N/A

Summary: Modoc County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 129.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Modoc County, CA

How many homes are available in Modoc County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1312-7.7%

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

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 43
-25.0%
3 68
+33.3%
4 21
-50.0%
5+ 00
0.0%

Summary: The Modoc County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Modoc County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Modoc County in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Modoc County, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
56 Days63 Days+12.5%

Summary: Homes in Modoc County had an average of 63 days on market in Nov 2024, up by 12.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Modoc County has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Modoc County; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

Newest Listings in Modoc County, CA

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