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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shingletown is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Shingletown was a Neutral Market.

Key Takeaway

Shingletown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Shingletown, CA

How much do homes in Shingletown, CA cost?

Median Sold Price

$316,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,000(-3.7%)

Key Takeaway

Homes in Shingletown have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Shingletown was $316,500 in October 2024, down 3.7% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $171K$185K
+8.2%
2 $300K$270K
-10.0%
3 $360K$329K
-8.6%
4 $405K$549.5K
+35.7%
5+ -$514.5K
N/A

Summary: Shingletown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.2%, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Tehama
+10.7%
Shingletown
-3.7%

Housing Supply in Shingletown, CA

How many homes are available in Shingletown, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
66660.0%

Summary: The Shingletown real estate market had 66 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 911
+22.2%
3 4139
-4.9%
4 77
0.0%
5+ 33
0.0%

Summary: The Shingletown 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 increased by 22.2%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shingletown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Shingletown in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Shingletown, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
190 Days105 Days-44.5%

Summary: Homes in Shingletown had an average of 105 days on market in Oct 2024, down by 44.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Shingletown are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 6 homes were sold in Shingletown; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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

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