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 November 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

$614,950

$384/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$72,950(+13.5%)

Key Takeaway

Homes in Rubidoux have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Rubidoux was $614,950 in November 2024, up 13.5% from last year, and the median price per square foot was $384.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $417K$460K
+10.3%
3 $524.9K$603.2K
+14.9%
4 $590K$639.9K
+8.5%
5+ $669K$660K
-1.3%

Summary: Rubidoux 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 increased by 10.3%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Neighborhoods

Rubidoux
+13.5%
Pedley
+9.2%
Grand
+2.5%
Downtown Riverside
+0.7%

Housing Supply in Rubidoux, CA

How many homes are available in Rubidoux, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4734-27.7%

Summary: The Rubidoux real estate market had 34 homes for sale in November 2024, a 27.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 32
-33.3%
3 1914
-26.3%
4 2417
-29.2%
5+ 10
-100.0%

Summary: The Rubidoux housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rubidoux, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Rubidoux in November 2024, down by 46.7% month-over-month. Of the 8 sold homes, 0% were sold under asking, 13% were sold at asking, and 88% 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

Nov 2023Nov 2024CHANGE
24 Days22 Days-11.2%

Summary: Homes in Rubidoux had an average of 22 days on market in Nov 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 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 November 2024, 8 homes were sold in Rubidoux; 63% of homes were sold within 30 days, 38% 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 2 Days Ago

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