Is Chowchilla, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Chowchilla has remained a Seller's Market.
Housing Prices in Chowchilla, CA
How much do homes in Chowchilla, CA cost?
Median Sold Price
$419,495
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chowchilla was $419,495 in March 2024, up 13.4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $199K | $152.5K | -23.4% |
2 Bedrooms | $249.5K | $229K | -8.2% |
3 Bedrooms | $340K | $347K | +2.1% |
4 Bedrooms | $419.7K | $450.4K | +7.3% |
5+ Bedrooms | $457.2K | $476K | +4.1% |
Summary: Chowchilla housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.4%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in Chowchilla, CA
How many homes are available in Chowchilla, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 62 | -15.1% |
Summary: The Chowchilla real estate market had 62 homes for sale in March 2024, a 15.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 37 | 30 | -18.9% |
4 Bedrooms | 20 | 18 | -10.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Chowchilla 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 decreased by 10%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Chowchilla in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Chowchilla, CA
How long does it take to sell a home in Chowchilla, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 25 Days | -47.8% |
Summary: Homes in Chowchilla had an average of 25 days on market in Mar 2024, down by 47.8% 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
Summary: During March 2024, 15 homes were sold in Chowchilla; 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.