$10,000 Closing Credit*
$900,000
1,896 SqFt
4 Beds
•3 Full Baths
Peter Aguilar, Listing Office: Circle Real Estate
Is Rancho Cucamonga, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rancho Cucamonga has remained a Seller's Market.
Key Takeaway
Rancho Cucamonga is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rancho Cucamonga, CA
How much do homes in Rancho Cucamonga, CA cost?
Median Sold Price
$763,804
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,304(+5.4%)
Key Takeaway
Homes in Rancho Cucamonga have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Rancho Cucamonga was $763,804 in October 2024, up 5.4% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325.5K | $357K | +9.7% |
| 2 Bedrooms | $491K | $510K | +3.9% |
| 3 Bedrooms | $650K | $705K | +8.5% |
| 4 Bedrooms | $833.2K | $890K | +6.8% |
| 5+ Bedrooms | $1.1M | $1.2M | +13.6% |
Summary: Rancho Cucamonga housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Fontana | $599.7K | $634.1K | +5.7% |
| Rancho Cucamonga | $724.4K | $763.8K | +5.4% |
| Mount Baldy-Wrightwood | $439K | $460K | +4.8% |
| Upland | $770.3K | $800K | +3.9% |
Housing Supply in Rancho Cucamonga, CA
How many homes are available in Rancho Cucamonga, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 362 | 381 | +5.2% |
Summary: The Rancho Cucamonga real estate market had 381 homes for sale in October 2024, a 5.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 46 | 47 | +2.2% |
| 3 Bedrooms | 123 | 121 | -1.6% |
| 4 Bedrooms | 128 | 147 | +14.8% |
| 5+ Bedrooms | 61 | 59 | -3.3% |
Summary: The Rancho Cucamonga housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 3.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 110 | +41.0% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rancho Cucamonga, you may be able to get a good deal. 42.7% of homes here sold below asking price last month.
Summary: A total of 110 homes were sold or pending in Rancho Cucamonga in October 2024, up by 41.0% month-over-month. Of the 110 sold homes, 43% were sold under asking, 20% were sold at asking, and 37% were sold over asking.
Days on Market for Rancho Cucamonga, CA
How long does it take to sell a home in Rancho Cucamonga, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 35 Days | +57.6% |
Summary: Homes in Rancho Cucamonga had an average of 35 days on market in Oct 2024, up by 57.6% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rancho Cucamonga are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 110 homes were sold in Rancho Cucamonga; 60% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 8% 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.