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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, California has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in California, PA

How much do homes in California, PA cost?

Median Sold Price

$127,000

$97/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$83,500(+192.0%)

Key Takeaway

Homes in California have sold for 192% more than they did a month ago.

Summary: The median home sold price in California was $127,000 in November 2024, up 192% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $43.5K$95K
+118.4%
3 --
N/A
4 --
N/A
5+ -$159K
N/A

Summary: California housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 118.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in California, PA

How many homes are available in California, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2729+7.4%

Summary: The California real estate market had 29 homes for sale in November 2024, a 7.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 1011
+10.0%
4 66
0.0%
5+ 55
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 20%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in California in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for California, PA

How long does it take to sell a home in California, PA?

Average Sale Time

Oct 2024Nov 2024CHANGE
20 Days67 Days+235.0%

Summary: Homes in California had an average of 67 days on market in Nov 2024, up by 235% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in California; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in California, PA

Nearby Markets to California, PA

What housing markets are near California, PA?