Is Upland, 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, Upland has remained a Seller's Market.
Housing Prices in Upland, CA
How much do homes in Upland, CA cost?
Median Sold Price
$785,750
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Upland was $785,750 in May 2024, up 4.8% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $477K | N/A |
2 Bedrooms | $520.1K | $535K | +2.9% |
3 Bedrooms | $680K | $725K | +6.6% |
4 Bedrooms | $818.5K | $865K | +5.7% |
5+ Bedrooms | $974.8K | $1.0M | +10.3% |
Summary: Upland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
Ontario | $613.9K | $650K | +5.9% |
Rancho Cucamonga | $710K | $750K | +5.6% |
Upland | $750K | $785.7K | +4.8% |
Montclair | $620K | $640K | +3.2% |
Claremont | $906.6K | $923.3K | +1.8% |
Housing Supply in Upland, CA
How many homes are available in Upland, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
163 | 155 | -4.9% |
Summary: The Upland real estate market had 155 homes for sale in May 2024, a 4.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 20 | 14 | -30.0% |
3 Bedrooms | 74 | 80 | +8.1% |
4 Bedrooms | 55 | 47 | -14.5% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Upland 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 decreased by 30%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 49 | -5.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Upland in May 2024, down by 5.8% month-over-month. Of the 49 sold homes, 24% were sold under asking, 10% were sold at asking, and 65% were sold over asking.
Days on Market for Upland, CA
How long does it take to sell a home in Upland, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 17 Days | -59.4% |
Summary: Homes in Upland had an average of 17 days on market in May 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 49 homes were sold in Upland; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.