Is Madera County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Madera County has remained a Seller's Market.
Housing Prices in Madera County, CA
How much do homes in Madera County, CA cost?
Median Sold Price
$423,681
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Madera County was $423,681 in April 2024, up 3.3% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $220K | +4.8% |
2 Bedrooms | $282K | $262.5K | -6.9% |
3 Bedrooms | $388.8K | $400K | +2.9% |
4 Bedrooms | $465K | $466K | 0.2% |
5+ Bedrooms | $492.4K | $495K | 0.5% |
Summary: Madera County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Counties
Madera County | $409.9K | $423.6K | +3.3% |
Fresno County | $399.9K | $405.9K | +1.5% |
Mariposa County | $425K | $429K | +0.9% |
Merced County | $389.5K | $392K | +0.7% |
Housing Supply in Madera County, CA
How many homes are available in Madera County, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
549 | 569 | +3.6% |
Summary: The Madera County real estate market had 569 homes for sale in April 2024, a 3.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 3 | -50.0% |
2 Bedrooms | 45 | 45 | 0.0% |
3 Bedrooms | 282 | 293 | +3.9% |
4 Bedrooms | 150 | 158 | +5.3% |
5+ Bedrooms | 66 | 70 | +6.1% |
Summary: The Madera County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
114 | 112 | -1.8% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 112 homes were sold or pending in Madera County in April 2024, down by 1.8% month-over-month. Of the 112 sold homes, 45% were sold under asking, 29% were sold at asking, and 27% were sold over asking.
Days on Market for Madera County, CA
How long does it take to sell a home in Madera County, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 49 Days | -17.1% |
Summary: Homes in Madera County had an average of 49 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During April 2024, 112 homes were sold in Madera County; 56% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.