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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tehama County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tehama County, CA

How much do homes in Tehama County, CA cost?

Median Sold Price

$324,000

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,000(-3.3%)

Key Takeaway

Homes in Tehama County have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Tehama County was $324,000 in November 2024, down 3.3% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $185K$220K
+18.9%
2 $251.2K$232K
-7.7%
3 $326.2K$340K
+4.2%
4 $407K$356.2K
-12.5%
5+ $527.5K$600K
+13.7%

Summary: Tehama County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 13.7%.

Median Sold Price Compared To Nearby Counties

Trinity County
+9.7%
Butte County
+4.8%
Shasta County
-1.1%
Glenn County
-2.9%
Tehama County
-3.3%

Housing Supply in Tehama County, CA

How many homes are available in Tehama County, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
165164-0.6%

Summary: The Tehama County real estate market had 164 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 3029
-3.3%
3 98103
+5.1%
4 2923
-20.7%
5+ 77
0.0%

Summary: The Tehama County 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 3.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2110-52.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tehama County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Tehama County in November 2024, down by 52.4% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Tehama County, CA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
82 Days69 Days-16.4%

Summary: Homes in Tehama County had an average of 69 days on market in Nov 2024, down by 16.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Tehama County; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% 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 20 Days Ago

Newest Listings in Tehama County, CA

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