Is North Bench, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Bench is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, North Bench has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in North Bench, CA

How much do homes in North Bench, CA cost?

Median Sold Price

$680,000

$284/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$125,000(-15.5%)

Key Takeaway

Homes in North Bench have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in North Bench was $680,000 in October 2024, down 15.5% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$515K
N/A
4 $805K-
N/A
5+ -$845K
N/A

Summary: North Bench housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Bench, CA

How many homes are available in North Bench, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The North Bench real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 1011
+10.0%
5+ 55
0.0%

Summary: The North Bench housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 North Bench, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Bench in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Bench, CA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
21 Days101 Days+383.3%

Summary: Homes in North Bench had an average of 101 days on market in Oct 2024, up by 383.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Bench has remained consistent over time.

Summary: During October 2024, 2 homes were sold in North Bench; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in North Bench, CA

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