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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rodeo is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Rodeo, CA

How much do homes in Rodeo, CA cost?

Median Sold Price

$697,500

$482/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,500(-0.2%)

Key Takeaway

The sold price of homes in Rodeo has remained the same since last year.

Summary: The median home sold price in Rodeo was $697,500 in October 2024, down 0.2% from last year, and the median price per square foot was $482.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $527.5K$660K
+25.1%
3 $635.5K$695K
+9.4%
4 $745K$722.5K
-3.0%
5+ $1.1M-
N/A

Summary: Rodeo housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crockett
+3.7%
Rodeo
-0.2%
West Contra Costa
-2.4%
Hercules
-5.1%

Housing Supply in Rodeo, CA

How many homes are available in Rodeo, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Rodeo real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 77
0.0%
4 45
+25.0%
5+ 01
+100.0%

Summary: The Rodeo housing inventory by bedroom type for October 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 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rodeo, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Rodeo in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.

Days on Market for Rodeo, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days11 Days-30.9%

Summary: Homes in Rodeo had an average of 11 days on market in Oct 2024, down by 30.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were 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 Rodeo are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Rodeo; 67% 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 17 Days Ago

Newest Listings in Rodeo, CA

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