Is California, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, California was a Buyer's Market.

Key Takeaway

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

Housing Prices in California, KY

How much do homes in California, KY cost?

Median Sold Price

$93,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,000(+27.4%)

Key Takeaway

Homes in California have sold for 27.4% more than they did a year ago.

Summary: The median home sold price in California was $93,000 in November 2024, up 27.4% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $40K$35.5K
-11.3%
2 $59K$87.4K
+48.2%
3 $109.9K$93K
-15.4%
4 $59.5K$125K
+110.1%
5+ $140.6K$130K
-7.6%

Summary: California housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.3%, 2 bedroom homes increased by 48.2%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 110.1%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Neighborhoods

California
+27.4%
Park Hill
+18.7%
Russell
-11.1%

Housing Supply in California, KY

How many homes are available in California, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2725-7.4%

Summary: The California real estate market had 25 homes for sale in November 2024, a 7.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 107
-30.0%
4 88
0.0%
5+ 22
0.0%

Summary: The California 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 increased by 14.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in California in November 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for California, KY

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in California, KY

Nearby Markets to California, KY