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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Occidental is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Occidental was a Seller's Market.

Key Takeaway

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

Housing Prices in Occidental, CA

How much do homes in Occidental, CA cost?

Median Sold Price

$539,500

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$313,000(-36.7%)

Key Takeaway

Homes in Occidental have sold for 36.7% less than they did a year ago.

Summary: The median home sold price in Occidental was $539,500 in November 2024, down 36.7% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $747.5K$251K
-66.4%
2 $577.5K$506.5K
-12.3%
3 $984.2K$999.9K
+1.6%
4 $955K$1.0M
+9.6%
5+ -$4.2M
N/A

Summary: Occidental housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.4%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Monte Rio
+22.6%
Bodega Bay
-3.4%
Occidental
-36.7%

Housing Supply in Occidental, CA

How many homes are available in Occidental, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1210-16.7%

Summary: The Occidental real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 66
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Occidental 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Occidental, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Occidental in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Occidental, 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 17 Days Ago

Newest Listings in Occidental, CA

Nearby Markets to Occidental, CA

What housing markets are near Occidental, CA?