Is Shasta County, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shasta County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Shasta County was a Seller's Market.

Key Takeaway

Shasta County 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 Shasta County, CA

How much do homes in Shasta County, CA cost?

Median Sold Price

$370,769

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$4,217(-1.1%)

Key Takeaway

Homes in Shasta County have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Shasta County was $370,769 in November 2024, down 1.1% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $196.5K$175.5K
-10.7%
2 $260K$260K
0.0%
3 $359.9K$360K
0.0%
4 $489.5K$500.8K
+2.3%
5+ $648.4K$571.5K
-11.9%

Summary: Shasta County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 11.9%.

Median Sold Price Compared To Nearby Counties

Trinity County
+9.7%
Shasta County
-1.1%
Tehama County
-3.3%

Housing Supply in Shasta County, CA

How many homes are available in Shasta County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
906869-4.1%

Summary: The Shasta County real estate market had 869 homes for sale in November 2024, a 4.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1012
+20.0%
2 109108
-0.9%
3 551511
-7.3%
4 188195
+3.7%
5+ 4843
-10.4%

Summary: The Shasta County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 10.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
174142-18.4%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

41 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shasta County, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Summary: A total of 142 homes were sold or pending in Shasta County in November 2024, down by 18.4% month-over-month. Of the 142 sold homes, 47% were sold under asking, 29% were sold at asking, and 24% were sold over asking.

Days on Market for Shasta County, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days89 Days+8.8%

Summary: Homes in Shasta County had an average of 89 days on market in Nov 2024, up by 8.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

77 Homes Were Sold
In 30 - 90 Days

51 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shasta County has remained consistent over time.

Summary: During November 2024, 142 homes were sold in Shasta County; 10% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 36% 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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