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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gustine is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gustine has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gustine, CA

How much do homes in Gustine, CA cost?

Median Sold Price

$315,000

$283/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$129,000(-29.1%)

Key Takeaway

Homes in Gustine have sold for 29.1% less than they did a month ago.

Summary: The median home sold price in Gustine was $315,000 in May 2024, down 29.1% from last month, and the median price per square foot was $283.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $444K$315K
-29.1%
4 --
N/A
5+ --
N/A

Summary: Gustine housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gustine, CA

How many homes are available in Gustine, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
440.0%

Summary: The Gustine real estate market had 4 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Gustine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gustine, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Gustine in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gustine, CA

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

Average Sale Time

Apr 2024May 2024CHANGE
2 Days63 Days+3050.0%

Summary: Homes in Gustine had an average of 63 days on market in May 2024, up by 3050% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gustine has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Gustine; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in Gustine, CA

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