Is Hercules, 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, Hercules has remained a Seller's Market.
Housing Prices in Hercules, CA
How much do homes in Hercules, CA cost?
Median Sold Price
$760,000
$453/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Hercules was $760,000 in June 2024, down 5.6% from last year, and the median price per square foot was $453.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350.2K | $362K | +3.4% |
2 Bedrooms | $480K | $466K | -2.9% |
3 Bedrooms | $771.7K | $740K | -4.1% |
4 Bedrooms | $922.5K | $905K | -1.9% |
5+ Bedrooms | $950K | $1.1M | +17.4% |
Summary: Hercules housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
Rodeo | $682K | $700K | +2.6% |
Briones | $913.5K | $920K | +0.7% |
Pinole | $750K | $750K | 0.0% |
West Contra Costa | $711K | $710.4K | -0.1% |
Hercules | $805K | $760K | -5.6% |
Housing Supply in Hercules, CA
How many homes are available in Hercules, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
47 | 50 | +6.4% |
Summary: The Hercules real estate market had 50 homes for sale in June 2024, a 6.4% increase 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 | 14 | 18 | +28.6% |
3 Bedrooms | 17 | 14 | -17.6% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Hercules 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 increased by 28.6%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
17 | 14 | -17.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Hercules in June 2024, down by 17.6% month-over-month. Of the 14 sold homes, 14% were sold under asking, 21% were sold at asking, and 64% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
9 Days | 20 Days | +115.8% |
Summary: Homes in Hercules had an average of 20 days on market in Jun 2024, up by 115.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in Hercules; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.