Is 95461, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95461 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 95461 was a Buyer's Market.

Key Takeaway

95461 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 95461, CA

How much do homes in 95461, CA cost?

Median Sold Price

$325,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.6%)

Key Takeaway

Homes in 95461 have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in 95461 was $325,000 in April 2024, up 1.6% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $214K$125K
-41.6%
2 $260K$285K
+9.6%
3 $392.4K$395K
+0.7%
4 $850K$517K
-39.2%
5+ --
N/A

Summary: 95461 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.6%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 39.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

95461
+1.6%
95467
-0.7%
94515
-1.1%

Housing Supply in 95461, CA

How many homes are available in 95461, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3437+8.8%

Summary: The 95461 real estate market had 37 homes for sale in April 2024, a 8.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 1617
+6.3%
4 33
0.0%
5+ 02
+100.0%

Summary: The 95461 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 increased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95461, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 95461 in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.

Days on Market for 95461, CA

How long does it take to sell a home in 95461, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
187 Days146 Days-22.1%

Summary: Homes in 95461 had an average of 146 days on market in Apr 2024, down by 22.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 95461 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 6 homes were sold in 95461; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 13 Days Ago

Newest Listings in 95461, CA

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