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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Talmadge is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Talmadge, CA

How much do homes in Talmadge, CA cost?

Median Sold Price

$1,079,000

$755/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$104,000(+10.7%)

Key Takeaway

Homes in Talmadge have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Talmadge was $1,079,000 in November 2024, up 10.7% from last year, and the median price per square foot was $755.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $382.5K$397.3K
+3.9%
2 $785K$689K
-12.2%
3 $1.1M$1.2M
+5.7%
4 $1.3M$1.5M
+22.7%
5+ -$1.1M
N/A

Summary: Talmadge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Talmadge
+10.7%
College West
-0.5%

Housing Supply in Talmadge, CA

How many homes are available in Talmadge, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1714-17.6%

Summary: The Talmadge real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 129
-25.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Talmadge housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Talmadge, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Talmadge in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Talmadge, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days43 Days+238.2%

Summary: Homes in Talmadge had an average of 43 days on market in Nov 2024, up by 238.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Talmadge; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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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