Is Coalinga, 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, 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
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Coalinga was $285,000 in March 2024, up 4.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $305.6K | N/A |
2 Bedrooms | $152.5K | $196.5K | +28.9% |
3 Bedrooms | $269.9K | $285K | +5.6% |
4 Bedrooms | $330K | $322.5K | -2.3% |
5+ Bedrooms | $307K | $368K | +19.9% |
Summary: Coalinga housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 19.9%.
Housing Supply in Coalinga, CA
How many homes are available in Coalinga, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Summary: The Coalinga real estate market had 37 homes for sale in March 2024, a 8.8% increase 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 | 5 | 6 | +20.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Coalinga 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 increased by 20%, 3 bedroom homes increased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Coalinga in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
93 Days | 37 Days | -60.4% |
Summary: Homes in Coalinga had an average of 37 days on market in Mar 2024, down by 60.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Coalinga; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.