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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barstow is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Barstow, CA

How much do homes in Barstow, CA cost?

Median Sold Price

$265,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+6.0%)

Key Takeaway

Homes in Barstow have sold for 6% more than they did a year ago.

Summary: The median home sold price in Barstow was $265,000 in March 2024, up 6% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $47K$122.5K
+160.6%
2 $188K$222.5K
+18.4%
3 $250K$260K
+4.0%
4 $298.9K$300K
0.4%
5+ $316K$330K
+4.4%

Summary: Barstow housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160.6%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 4.4%.

Housing Supply in Barstow, CA

How many homes are available in Barstow, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
123125+1.6%

Summary: The Barstow real estate market had 125 homes for sale in March 2024, a 1.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 43
-25.0%
2 2123
+9.5%
3 6056
-6.7%
4 2831
+10.7%
5+ 1012
+20.0%

Summary: The Barstow housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2824-14.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barstow, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Barstow in March 2024, down by 14.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Barstow, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days20 Days-73.8%

Summary: Homes in Barstow had an average of 20 days on market in Mar 2024, down by 73.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 24 homes were sold in Barstow; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% 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 24 Days Ago

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