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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newhall is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Newhall, CA

How much do homes in Newhall, CA cost?

Median Sold Price

$795,282

$445/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,282(+4.6%)

Key Takeaway

Homes in Newhall have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Newhall was $795,282 in November 2024, up 4.6% from last year, and the median price per square foot was $445.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $395K$403K
+2.0%
2 $520K$530.2K
+2.0%
3 $719.9K$750K
+4.2%
4 $870K$900K
+3.4%
5+ $1.1M$1.1M
+1.8%

Summary: Newhall housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 1.8%.

Median Sold Price Compared To Nearby Cities

North Antelope Valley
+8.1%
Newhall
+4.6%
Santa Clarita
+4.4%
Castaic
+4.3%

Housing Supply in Newhall, CA

How many homes are available in Newhall, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
891821-7.9%

Summary: The Newhall real estate market had 821 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2020
0.0%
2 168156
-7.1%
3 334290
-13.2%
4 247232
-6.1%
5+ 122123
+0.8%

Summary: The Newhall 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 decreased by 7.1%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 0.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
192197+2.6%

Asking Price vs. Sold Price

71 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

68 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newhall, you may be able to get a good deal. 36% of homes here sold below asking price last month.

Summary: A total of 197 homes were sold or pending in Newhall in November 2024, up by 2.6% month-over-month. Of the 197 sold homes, 36% were sold under asking, 29% were sold at asking, and 35% were sold over asking.

Days on Market for Newhall, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days34 Days+47.1%

Summary: Homes in Newhall had an average of 34 days on market in Nov 2024, up by 47.1% compared to last year.

Breakdown of Home Sale Times

123 Homes Were Sold
Under 30 Days

53 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 197 homes were sold in Newhall; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 11% 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 22 Days Ago

Newest Listings in Newhall, CA

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