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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Modoc County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Modoc County, CA

How much do homes in Modoc County, CA cost?

Median Sold Price

$1,070,000

$601/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$571,500(+114.6%)

Key Takeaway

Homes in Modoc County have sold for 114.6% more than they did a year ago.

Summary: The median home sold price in Modoc County was $1,070,000 in October 2024, up 114.6% from last year, and the median price per square foot was $601.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $182K-
N/A
2 $30K$1.7M
+5566.7%
3 $549.5K$700K
+27.4%
4 -$1.2M
N/A
5+ -$4.0M
N/A

Summary: Modoc County 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 increased by 5566.7%, 3 bedroom homes increased by 27.4%, 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

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Modoc County real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 56
+20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Modoc County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were 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 3 homes were sold or pending in Modoc County in October 2024, up by 100.0% month-over-month. Of the 3 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 2023Oct 2024CHANGE
277 Days40 Days-85.4%

Summary: Homes in Modoc County had an average of 40 days on market in Oct 2024, down by 85.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 October 2024, 3 homes were sold in Modoc County; 33% of homes were sold within 30 days, 67% 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 4 Days Ago

Newest Listings in Modoc County, CA

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