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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atwater is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Atwater, CA

How much do homes in Atwater, CA cost?

Median Sold Price

$407,770

$254/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$32,770(+8.7%)

Key Takeaway

Homes in Atwater have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Atwater was $407,770 in May 2024, up 8.7% from last year, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $390K$164.9K
-57.7%
2 $245.8K$310K
+26.1%
3 $360K$387.5K
+7.6%
4 $430K$467.5K
+8.7%
5+ $485K$570K
+17.5%

Summary: Atwater housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.7%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 17.5%.

Median Sold Price Compared To Nearby Cities

Atwater
+8.7%
Winton
+5.0%

Housing Supply in Atwater, CA

How many homes are available in Atwater, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7556-25.3%

Summary: The Atwater real estate market had 56 homes for sale in May 2024, a 25.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 62
-66.7%
3 3727
-27.0%
4 2621
-19.2%
5+ 56
+20.0%

Summary: The Atwater housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 27%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3515-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Atwater, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Atwater in May 2024, down by 57.1% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.

Days on Market for Atwater, CA

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

Average Sale Time

May 2023May 2024CHANGE
23 Days23 Days+0.8%

Summary: Homes in Atwater had an average of 23 days on market in May 2024, up by 0.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 15 homes were sold in Atwater; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

Newest Listings in Atwater, CA

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