Is Hercules, 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, Hercules has remained a Seller's Market.
Housing Prices in Hercules, CA
How much do homes in Hercules, CA cost?
Median Sold Price
$774,250
$440/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hercules was $774,250 in March 2024, down 6.7% from last year, and the median price per square foot was $440.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $362K | +0.6% |
2 Bedrooms | $480K | $499.5K | +4.1% |
3 Bedrooms | $753K | $753K | 0.0% |
4 Bedrooms | $941.2K | $912.5K | -3.1% |
5+ Bedrooms | $967.5K | $1.0M | +3.5% |
Summary: Hercules housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 4.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Rodeo | $685K | $720K | +5.1% |
Briones | $912K | $936.5K | +2.7% |
Pinole | $762K | $751K | -1.4% |
West Contra Costa | $738.4K | $715.4K | -3.1% |
Hercules | $830K | $774.2K | -6.7% |
Housing Supply in Hercules, CA
How many homes are available in Hercules, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Summary: The Hercules real estate market had 38 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Hercules housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Hercules in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Hercules, CA
How long does it take to sell a home in Hercules, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 25 Days | +8.1% |
Summary: Homes in Hercules had an average of 25 days on market in Mar 2024, up by 8.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Hercules; 63% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.