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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upland is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Upland, CA

How much do homes in Upland, CA cost?

Median Sold Price

$800,000

$442/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,700(+3.9%)

Key Takeaway

Homes in Upland have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Upland was $800,000 in October 2024, up 3.9% from last year, and the median price per square foot was $442.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $477K$450K
-5.7%
2 $565K$460K
-18.6%
3 $695K$751.6K
+8.2%
4 $841.5K$870K
+3.4%
5+ $955K$1.1M
+23.6%

Summary: Upland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 18.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Cities

Claremont
+11.8%
Montclair
+6.5%
Rancho Cucamonga
+5.4%
Ontario
+4.8%
Upland
+3.9%

Housing Supply in Upland, CA

How many homes are available in Upland, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
178182+2.2%

Summary: The Upland real estate market had 182 homes for sale in October 2024, a 2.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1415
+7.1%
3 7682
+7.9%
4 7468
-8.1%
5+ 1316
+23.1%

Summary: The Upland 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 7.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 23.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4148+17.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upland, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.

Summary: A total of 48 homes were sold or pending in Upland in October 2024, up by 17.1% month-over-month. Of the 48 sold homes, 33% were sold under asking, 23% were sold at asking, and 44% were sold over asking.

Days on Market for Upland, CA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days27 Days-2.2%

Summary: Homes in Upland had an average of 27 days on market in Oct 2024, down by 2.2% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 48 homes were sold in Upland; 63% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 2% 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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