Is 95451, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95451 is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, 95451 has remained a Buyer's Market.

Key Takeaway

95451 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95451, CA

How much do homes in 95451, CA cost?

Median Sold Price

$375,000

$229/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2023.

Key Takeaway

The sold price of homes in 95451 has remained the same since last year.

Summary: The median home sold price in 95451 was $375,000 in September 2024, the same as last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $200.5K$245K
+22.2%
2 $354.2K$322.5K
-9.0%
3 $375K$375K
0.0%
4 $490K$440K
-10.2%
5+ $560K$652.5K
+16.5%

Summary: 95451 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 16.5%.

Median Sold Price Compared To Nearby Zip Codes

95422
+11.1%
95451
0.0%
95425
-0.3%
95461
-7.5%
95453
-10.8%

Housing Supply in 95451, CA

How many homes are available in 95451, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
152162+6.6%

Summary: The 95451 real estate market had 162 homes for sale in September 2024, a 6.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 3034
+13.3%
3 8488
+4.8%
4 2526
+4.0%
5+ 1012
+20.0%

Summary: The 95451 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95451, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 95451 in September 2024, down by 25.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.

Days on Market for 95451, CA

How long does it take to sell a home in 95451, CA?

Average Sale Time

Sep 2023Sep 2024CHANGE
55 Days113 Days+104.7%

Summary: Homes in 95451 had an average of 113 days on market in Sep 2024, up by 104.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95451 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 15 homes were sold in 95451; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% 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 30 Days Ago

Newest Listings in 95451, CA

Nearby Markets to 95451, CA