$110,000
5.01 Acres
Land
Dan Cheney, Listing Office: Century 21 Cheney Enterprises
Is Prather, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Prather was a Seller's Market.
Key Takeaway
Prather is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Prather, CA
How much do homes in Prather, CA cost?
Median Sold Price
$591,750
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$96,750(+19.5%)
Key Takeaway
Homes in Prather have sold for 19.5% more than they did a year ago.
Summary: The median home sold price in Prather was $591,750 in November 2024, up 19.5% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | - | N/A |
| 2 Bedrooms | - | $495K | N/A |
| 3 Bedrooms | $430K | $538K | +25.1% |
| 4 Bedrooms | $562.5K | $676.7K | +20.3% |
| 5+ Bedrooms | $1.1M | $642K | -44.2% |
Summary: Prather housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes decreased by 44.2%.
Median Sold Price Compared To Nearby Cities
| Prather | $495K | $591.7K | +19.5% |
| Sierra | $465K | $477.6K | +2.7% |
| Auberry | $363.7K | $345.5K | -5.0% |
Housing Supply in Prather, CA
How many homes are available in Prather, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Prather real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Prather 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prather, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Prather in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 69 Days | 51 Days | -25.4% |
Summary: Homes in Prather had an average of 51 days on market in Nov 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Prather are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Prather; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.