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 buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, American Canyon was a Seller's Market.

Key Takeaway

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

Housing Prices in American Canyon, CA

How much do homes in American Canyon, CA cost?

Median Sold Price

$662,500

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$50,000(-7.0%)

Key Takeaway

Homes in American Canyon have sold for 7% less than they did a year ago.

Summary: The median home sold price in American Canyon was $662,500 in March 2024, down 7% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $537.5K$475K
-11.6%
3 $595K$565K
-5.0%
4 $740K$724.5K
-2.1%
5+ $930K$850K
-8.6%

Summary: American Canyon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Cities

Napa
+0.7%
American Canyon
-7.0%

Housing Supply in American Canyon, CA

How many homes are available in American Canyon, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1419+35.7%

Summary: The American Canyon real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 107
-30.0%
4 37
+133.3%
5+ 14
+300.0%

Summary: The American Canyon 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 increased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in American Canyon, 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 American Canyon in March 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for American Canyon, CA

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 March 2024, 2 homes were sold in American Canyon; 50% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in American Canyon, CA

Nearby Markets to American Canyon, CA

What housing markets are near American Canyon, CA?