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 October 2023

Since last year, California has remained a Seller'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

$90,000

$75/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+20.0%)

Key Takeaway

Homes in California have sold for 20% more than they did a year ago.

Summary: The median home sold price in California was $90,000 in October 2024, up 20% from last year, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $40K$35.5K
-11.3%
2 $63K$87.4K
+38.8%
3 $110K$89K
-19.1%
4 $59.5K$132.5K
+122.7%
5+ $140.6K$130K
-7.6%

Summary: California housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.3%, 2 bedroom homes increased by 38.8%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes increased by 122.7%, and 5+ bedroom homes decreased by 7.6%.

Median Sold Price Compared To Nearby Neighborhoods

California
+20.0%
Park Hill
+19.2%
Russell
-12.2%

Housing Supply in California, KY

How many homes are available in California, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2827-3.6%

Summary: The California real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 98
-11.1%
3 109
-10.0%
4 68
+33.3%
5+ 22
0.0%

Summary: The California housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in California in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 21 Days Ago

Newest Listings in California, KY

Nearby Markets to California, KY