Is 95409, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95409 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 95409 has remained a Seller's Market.

Key Takeaway

95409 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95409, CA

How much do homes in 95409, CA cost?

Median Sold Price

$741,000

$456/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$29,125(-3.8%)

Key Takeaway

Homes in 95409 have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in 95409 was $741,000 in April 2024, down 3.8% from last year, and the median price per square foot was $456.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $412.5K$376.5K
-8.7%
2 $630K$610K
-3.2%
3 $809K$790K
-2.3%
4 $980K$911.2K
-7.0%
5+ $1.1M$1.3M
+23.6%

Summary: 95409 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 23.6%.

Median Sold Price Compared To Nearby Zip Codes

95404
+7.0%
95405
+4.8%
95409
-3.8%
94574
-8.7%

Housing Supply in 95409, CA

How many homes are available in 95409, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
91115+26.4%

Summary: The 95409 real estate market had 115 homes for sale in April 2024, a 26.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 3438
+11.8%
3 3646
+27.8%
4 1424
+71.4%
5+ 34
+33.3%

Summary: The 95409 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2933+13.8%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95409, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 95409 in April 2024, up by 13.8% month-over-month. Of the 33 sold homes, 55% were sold under asking, 3% were sold at asking, and 42% were sold over asking.

Days on Market for 95409, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 95409, CA

Nearby Markets to 95409, CA