Is Chowchilla, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chowchilla has remained a Seller's Market.
Housing Prices in Chowchilla, CA
How much do homes in Chowchilla, CA cost?
Median Sold Price
$422,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chowchilla was $422,000 in May 2024, up 12.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $152.5K | -23.4% |
2 Bedrooms | $243.5K | $272.5K | +11.9% |
3 Bedrooms | $345.9K | $355K | +2.6% |
4 Bedrooms | $418.2K | $449.9K | +7.6% |
5+ Bedrooms | $466K | $477K | +2.4% |
Summary: Chowchilla housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in Chowchilla, CA
How many homes are available in Chowchilla, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
70 | 78 | +11.4% |
Summary: The Chowchilla real estate market had 78 homes for sale in May 2024, a 11.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 37 | 33 | -10.8% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Chowchilla housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 21 | +90.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Chowchilla in May 2024, up by 90.9% month-over-month. Of the 20 sold homes, 55% were sold under asking, 25% were sold at asking, and 20% were sold over asking.
Days on Market for Chowchilla, CA
How long does it take to sell a home in Chowchilla, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 62 Days | 0.2% |
Summary: Homes in Chowchilla had an average of 62 days on market in May 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Chowchilla; 52% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.