Is Twentynine Palms-Yucca Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twentynine Palms-Yucca Valley is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Twentynine Palms-Yucca Valley was a Seller's Market.

Key Takeaway

Twentynine Palms-Yucca Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Twentynine Palms-Yucca Valley, CA

How much do homes in Twentynine Palms-Yucca Valley, CA cost?

Median Sold Price

$331,995

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,995(+0.6%)

Key Takeaway

Homes in Twentynine Palms-Yucca Valley have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Twentynine Palms-Yucca Valley was $331,995 in October 2024, up 0.6% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$215K
-10.4%
2 $299K$293.5K
-1.8%
3 $350K$360K
+2.9%
4 $400K$410K
+2.5%
5+ $657.5K$570K
-13.3%

Summary: Twentynine Palms-Yucca Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.4%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Cities

Yucca Valley
+3.2%
Twentynine Palms-Yucca Valley
+0.6%
Twentynine Palms
-1.8%
Joshua Tree
-2.1%

Housing Supply in Twentynine Palms-Yucca Valley, CA

How many homes are available in Twentynine Palms-Yucca Valley, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
773898+16.2%

Summary: The Twentynine Palms-Yucca Valley real estate market had 898 homes for sale in October 2024, a 16.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 6781
+20.9%
2 231271
+17.3%
3 338388
+14.8%
4 110123
+11.8%
5+ 2735
+29.6%

Summary: The Twentynine Palms-Yucca Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 29.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8089+11.3%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twentynine Palms-Yucca Valley, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in Twentynine Palms-Yucca Valley in October 2024, up by 11.3% month-over-month. Of the 89 sold homes, 60% were sold under asking, 17% were sold at asking, and 24% were sold over asking.

Days on Market for Twentynine Palms-Yucca Valley, CA

How long does it take to sell a home in Twentynine Palms-Yucca Valley, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days69 Days+35.1%

Summary: Homes in Twentynine Palms-Yucca Valley had an average of 69 days on market in Oct 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Twentynine Palms-Yucca Valley are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 89 homes were sold in Twentynine Palms-Yucca Valley; 43% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 34% 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 16 Days Ago

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