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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rubidoux is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Rubidoux, CA

How much do homes in Rubidoux, CA cost?

Median Sold Price

$622,495

$382/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$77,495(+14.2%)

Key Takeaway

Homes in Rubidoux have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Rubidoux was $622,495 in December 2024, up 14.2% from last year, and the median price per square foot was $382.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$405K
N/A
2 $407.5K$460K
+12.9%
3 $527.4K$600K
+13.8%
4 $590K$650K
+10.2%
5+ $669K$660K
-1.3%

Summary: Rubidoux housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Neighborhoods

Rubidoux
+14.2%
Pedley
+8.0%
Sunnyslope
+6.9%
Grand
+2.5%
Downtown Riverside
-0.5%

Housing Supply in Rubidoux, CA

How many homes are available in Rubidoux, CA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3529-17.1%

Summary: The Rubidoux real estate market had 29 homes for sale in December 2024, a 17.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1311
-15.4%
4 1913
-31.6%
5+ 02
+100.0%

Summary: The Rubidoux housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rubidoux, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Rubidoux in December 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for Rubidoux, CA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
32 Days15 Days-52.5%

Summary: Homes in Rubidoux had an average of 15 days on market in Dec 2024, down by 52.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 8 homes were sold in Rubidoux; 75% of homes were sold within 30 days, 25% 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 6 Days Ago

Newest Listings in Rubidoux, CA

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