Is 95338, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95338 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 95338 was a Buyer's Market.

Key Takeaway

95338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95338, CA

How much do homes in 95338, CA cost?

Median Sold Price

$405,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,000(-1.0%)

Key Takeaway

Homes in 95338 have sold for 1% less than they did a year ago.

Summary: The median home sold price in 95338 was $405,000 in April 2024, down 1% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $200K$330K
+65.0%
2 $367.5K$353.5K
-3.8%
3 $425K$415K
-2.4%
4 $493K$490K
-0.6%
5+ $305K$563.9K
+84.9%

Summary: 95338 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 84.9%.

Housing Supply in 95338, CA

How many homes are available in 95338, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7374+1.4%

Summary: The 95338 real estate market had 74 homes for sale in April 2024, a 1.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 4037
-7.5%
4 811
+37.5%
5+ 56
+20.0%

Summary: The 95338 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1916-15.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95338, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 95338 in April 2024, down by 15.8% month-over-month. Of the 16 sold homes, 56% were sold under asking, 13% were sold at asking, and 31% were sold over asking.

Days on Market for 95338, CA

How long does it take to sell a home in 95338, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
147 Days76 Days-48.0%

Summary: Homes in 95338 had an average of 76 days on market in Apr 2024, down by 48% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 95338 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 95338; 69% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 25% 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 5 Days Ago

Newest Listings in 95338, CA

Nearby Markets to 95338, CA