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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Central is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Central has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Central, CA

How much do homes in North Central, CA cost?

Median Sold Price

$660,000

$874/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$50,000(+8.2%)

Key Takeaway

Homes in North Central have sold for 8.2% more than they did a month ago.

Summary: The median home sold price in North Central was $660,000 in October 2024, up 8.2% from last month, and the median price per square foot was $874.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $565.8K$600K
+6.0%
2 $650K$1.2M
+98.8%
3 $1.5M-
N/A
4 $1.6M-
N/A
5+ --
N/A

Summary: North Central housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 98.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Central, CA

How many homes are available in North Central, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2016-20.0%

Summary: The North Central real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 86
-25.0%
2 89
+12.5%
3 31
-66.7%
4 10
-100.0%
5+ 00
0.0%

Summary: The North Central housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Central, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in North Central in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for North Central, CA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
47 Days21 Days-55.8%

Summary: Homes in North Central had an average of 21 days on market in Oct 2024, down by 55.8% compared to last month.

Breakdown of Home Sale Times

5 Homes Were 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

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

Summary: During October 2024, 7 homes were sold in North Central; 71% of homes were sold within 30 days, 29% 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 20 Days Ago

Newest Listings in North Central, CA

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