Is American Canyon, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing American Canyon is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in American Canyon, CA

How much do homes in American Canyon, CA cost?

Median Sold Price

$670,000

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,000(-0.7%)

Key Takeaway

Homes in American Canyon have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in American Canyon was $670,000 in May 2024, down 0.7% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $485K$480K
-1.0%
3 $558.5K$590K
+5.6%
4 $727.5K$805K
+10.7%
5+ $880K$862.5K
-2.0%

Summary: American Canyon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

Napa
+1.4%
American Canyon
-0.7%

Housing Supply in American Canyon, CA

How many homes are available in American Canyon, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2421-12.5%

Summary: The American Canyon real estate market had 21 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 86
-25.0%
4 119
-18.2%
5+ 45
+25.0%

Summary: The American Canyon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in American Canyon, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in American Canyon in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 0% were sold under asking, 22% were sold at asking, and 78% were sold over asking.

Days on Market for American Canyon, CA

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

Average Sale Time

May 2023May 2024CHANGE
19 Days38 Days+100.0%

Summary: Homes in American Canyon had an average of 38 days on market in May 2024, up by 100% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in American Canyon are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 9 homes were sold in American Canyon; 33% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in American Canyon, CA

Nearby Markets to American Canyon, CA

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