Is 96056, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 96056 has remained a Seller's Market.
Key Takeaway
96056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 96056, CA
How much do homes in 96056, CA cost?
Median Sold Price
$268,500
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 96056 have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in 96056 was $268,500 in March 2024, up 7.4% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.7K | $155K | +72.7% |
| 2 Bedrooms | $124K | $180K | +45.2% |
| 3 Bedrooms | $475K | $279.2K | -41.2% |
| 4 Bedrooms | $562.5K | $325K | -42.2% |
| 5+ Bedrooms | - | $175K | N/A |
Summary: 96056 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes increased by 45.2%, 3 bedroom homes decreased by 41.2%, 4 bedroom homes decreased by 42.2%, and 5+ bedroom homes did not change.
Housing Supply in 96056, CA
How many homes are available in 96056, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The 96056 real estate market had 7 homes for sale in March 2024, a 36.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 96056 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 96056, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 96056 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 96056, CA
How long does it take to sell a home in 96056, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 80 Days | 131 Days | +63.6% |
Summary: Homes in 96056 had an average of 131 days on market in Mar 2024, up by 63.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 96056 has remained consistent over time.
Summary: During March 2024, 2 homes were sold in 96056; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.