Is Oakmont Village, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oakmont Village is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Oakmont Village, CA

How much do homes in Oakmont Village, CA cost?

Median Sold Price

$700,000

$454/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,000(-5.4%)

Key Takeaway

Homes in Oakmont Village have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in Oakmont Village was $700,000 in November 2024, down 5.4% from last year, and the median price per square foot was $454.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $420K$395K
-6.0%
2 $650K$642.5K
-1.2%
3 $859K$890K
+3.6%
4 $785K$941.5K
+19.9%
5+ --
N/A

Summary: Oakmont Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 19.9%, and 5+ bedroom homes did not change.

Housing Supply in Oakmont Village, CA

How many homes are available in Oakmont Village, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6350-20.6%

Summary: The Oakmont Village real estate market had 50 homes for sale in November 2024, a 20.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 20
-100.0%
2 3326
-21.2%
3 2622
-15.4%
4 11
0.0%
5+ 11
0.0%

Summary: The Oakmont Village 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 21.2%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oakmont Village, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Oakmont Village in November 2024, down by 35.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.

Days on Market for Oakmont Village, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Oakmont Village, CA

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