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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellflower is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Bellflower, CA cost?

Median Sold Price

$710,500

$513/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$67,500(+10.5%)

Key Takeaway

Homes in Bellflower have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $470K$675K
+43.6%
2 $560K$588.5K
+5.1%
3 $650K$722.5K
+11.2%
4 $770K$865K
+12.3%
5+ $892.2K$930.5K
+4.3%

Median Sold Price Compared To Nearby Cities

Paramount
+20.7%
Norwalk
+12.4%
Downey-Norwalk
+12.0%
Bellflower
+10.5%
Lakewood
+9.4%

How many homes are available in Bellflower, CA?

Number of Homes For Sale

Sep 2022Oct 2022%
5964+8.5%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 1014
+40.0%
3 4038
-5.0%
4 67
+16.7%
5+ 35
+66.7%

Number of Homes Sold

Sep 2022Oct 2022%
1316+23.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellflower, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
14 Days30 Days+115.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bellflower, CA

Number of homes for sale in Bellflower, CA real estate market have reached 64. The number of listings in Bellflower, CA increased by 8.5% between September 2022 and October 2022. Listings spent 30 days on the market in October 2022, and had a median list price of $710,500 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 43.6%, 2 bedrooms properties prices increased by 5.1%, prices of 3 bedrooms properties went up by 11.2%, 4 bedrooms properties became 12.3% more expensive, 5 bedrooms properties prices increased by 4.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 40%, the quantity of 3 bedrooms homes went down by 5%, number of 4 bedrooms homes increased by 16.7%, 5 bedrooms homes became 66.7% more available. Bellflower, CA housing market in October 2022 saw over 9 listings sold above listed price, more than 0 sold at listed price and over 7 sold below.

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