Is Port Hueneme, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Hueneme is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Port Hueneme, CA

How much do homes in Port Hueneme, CA cost?

Median Sold Price

$565,000

$463/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$35,000(+6.6%)

Key Takeaway

Homes in Port Hueneme have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Port Hueneme was $565,000 in September 2024, up 6.6% from last year, and the median price per square foot was $463.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $379K$395.9K
+4.5%
2 $469K$484.5K
+3.3%
3 $610K$629K
+3.1%
4 $706K$720K
+2.0%
5+ --
N/A

Summary: Port Hueneme housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Port Hueneme
+6.6%
Oxnard
+5.3%

Housing Supply in Port Hueneme, CA

How many homes are available in Port Hueneme, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
5956-5.1%

Summary: The Port Hueneme real estate market had 56 homes for sale in September 2024, a 5.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 2725
-7.4%
3 2221
-4.5%
4 54
-20.0%
5+ 00
0.0%

Summary: The Port Hueneme housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Hueneme, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Port Hueneme in September 2024, up by 7.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for Port Hueneme, CA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days50 Days+60.8%

Summary: Homes in Port Hueneme had an average of 50 days on market in Sep 2024, up by 60.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Port Hueneme has remained consistent over time.

Summary: During September 2024, 15 homes were sold in Port Hueneme; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% 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 29 Days Ago

Newest Listings in Port Hueneme, CA

Nearby Markets to Port Hueneme, CA

What housing markets are near Port Hueneme, CA?