Is Huntington Park, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntington Park is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Huntington Park, CA

How much do homes in Huntington Park, CA cost?

Median Sold Price

$772,388

$474/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$207,388(+36.7%)

Key Takeaway

Homes in Huntington Park have sold for 36.7% more than they did a month ago.

Summary: The median home sold price in Huntington Park was $772,388 in November 2024, up 36.7% from last month, and the median price per square foot was $474.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $513K$645K
+25.7%
3 $638.5K$730K
+14.3%
4 -$875K
N/A
5+ -$814.8K
N/A

Summary: Huntington Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Huntington Park, CA

How many homes are available in Huntington Park, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4037-7.5%

Summary: The Huntington Park real estate market had 37 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 1714
-17.6%
4 44
0.0%
5+ 77
0.0%

Summary: The Huntington Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntington Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Huntington Park in November 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.

Days on Market for Huntington Park, CA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days41 Days+18.3%

Summary: Homes in Huntington Park had an average of 41 days on market in Nov 2024, up by 18.3% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huntington Park are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Huntington Park; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 7 Days Ago

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