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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barstow is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Barstow, CA

How much do homes in Barstow, CA cost?

Median Sold Price

$270,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$20,166(+8.1%)

Key Takeaway

Homes in Barstow have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Barstow was $270,000 in May 2024, up 8.1% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $99.5K$122.5K
+23.1%
2 $200K$232.7K
+16.4%
3 $250K$260K
+4.0%
4 $285K$302.5K
+6.1%
5+ $332K$333K
0.3%

Summary: Barstow housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 0.3%.

Housing Supply in Barstow, CA

How many homes are available in Barstow, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
131145+10.7%

Summary: The Barstow real estate market had 145 homes for sale in May 2024, a 10.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 2121
0.0%
3 5971
+20.3%
4 3739
+5.4%
5+ 1111
0.0%

Summary: The Barstow 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 remained the same, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1929+52.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barstow, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Barstow in May 2024, up by 52.6% month-over-month. Of the 29 sold homes, 45% were sold under asking, 24% were sold at asking, and 31% were sold over asking.

Days on Market for Barstow, CA

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

Average Sale Time

May 2023May 2024CHANGE
49 Days47 Days-2.7%

Summary: Homes in Barstow had an average of 47 days on market in May 2024, down by 2.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 29 homes were sold in Barstow; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% 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 1 Day Ago

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