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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prather is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Prather, CA

How much do homes in Prather, CA cost?

Median Sold Price

$510,000

$284/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$25,000(+5.2%)

Key Takeaway

Homes in Prather have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in Prather was $510,000 in September 2024, up 5.2% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$510K
N/A
4 --
N/A
5+ $485K-
N/A

Summary: Prather housing prices by bedroom type for September 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 Prather, CA

How many homes are available in Prather, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
14140.0%

Summary: The Prather real estate market had 14 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 34
+33.3%
5+ 44
0.0%

Summary: The Prather housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

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 Prather, 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 Prather in September 2024, the same as the previous 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 Prather, CA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
25 Days26 Days+4.0%

Summary: Homes in Prather had an average of 26 days on market in Sep 2024, up by 4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 1 homes were sold in Prather; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

Newest Listings in Prather, CA

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