Is 95448, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95448 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 95448 has remained a Seller's Market.

Key Takeaway

95448 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 95448, CA

How much do homes in 95448, CA cost?

Median Sold Price

$1,129,000

$703/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,000(+2.6%)

Key Takeaway

Homes in 95448 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 95448 was $1,129,000 in April 2024, up 2.6% from last year, and the median price per square foot was $703.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $441K$548K
+24.3%
2 $823.7K$807.5K
-2.0%
3 $1.0M$1.0M
+8.8%
4 $2.0M$1.8M
-7.4%
5+ $2.7M$2.9M
+7.9%

Summary: 95448 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Zip Codes

95436
+11.2%
95492
+5.4%
95448
+2.6%
95446
-16.1%

Housing Supply in 95448, CA

How many homes are available in 95448, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6990+30.4%

Summary: The 95448 real estate market had 90 homes for sale in April 2024, a 30.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 45
+25.0%
2 1421
+50.0%
3 3340
+21.2%
4 1419
+35.7%
5+ 45
+25.0%

Summary: The 95448 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1419+35.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95448, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 95448 in April 2024, up by 35.7% month-over-month. Of the 19 sold homes, 53% were sold under asking, 32% were sold at asking, and 16% were sold over asking.

Days on Market for 95448, 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 14 Days Ago

Newest Listings in 95448, CA

Nearby Markets to 95448, CA