Is Coalinga, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Coalinga has remained a Seller's Market.
Housing Prices in Coalinga, CA
How much do homes in Coalinga, CA cost?
Median Sold Price
$285,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Coalinga was $285,000 in June 2024, up 8.8% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $452.2K | $159K | -64.8% |
2 Bedrooms | $149K | $223.5K | +50.1% |
3 Bedrooms | $250K | $287K | +14.8% |
4 Bedrooms | $343K | $310.5K | -9.5% |
5+ Bedrooms | $372.5K | $368K | -1.2% |
Summary: Coalinga housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.8%, 2 bedroom homes increased by 50.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in Coalinga, CA
How many homes are available in Coalinga, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
39 | 37 | -5.1% |
Summary: The Coalinga real estate market had 37 homes for sale in June 2024, a 5.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 23 | 22 | -4.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Coalinga housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Coalinga in June 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Coalinga, CA
How long does it take to sell a home in Coalinga, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
36 Days | 57 Days | +56.4% |
Summary: Homes in Coalinga had an average of 57 days on market in Jun 2024, up by 56.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 8 homes were sold in Coalinga; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.