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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inglewood is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Inglewood has remained a Seller's Market.

Key Takeaway

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

How much do homes in Inglewood, CA cost?

Median Sold Price

$707,333

$540/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$57,333(+8.8%)

Key Takeaway

Homes in Inglewood have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $351.2K$375.5K
+6.9%
2 $515K$575K
+11.7%
3 $761.5K$808.5K
+6.2%
4 $922.8K$1.0M
+8.4%
5+ $780.2K$942.5K
+20.8%

Median Sold Price Compared To Nearby Cities

Los Angeles
+9.6%
Inglewood
+8.8%
Hawthorne
+7.2%

How many homes are available in Inglewood, CA?

Number of Homes For Sale

Jun 2022Jul 2022%
1301300.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 46
+50.0%
2 5750
-12.3%
3 4652
+13.0%
4 1817
-5.6%
5+ 55
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
2726-3.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inglewood, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
22 Days22 Days+2.0%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Inglewood, CA

There are 130 homes are for sale in Inglewood, CA real estate market. The median list price of listings available in July 2022 was $707,333, while the average time on the real estate market was 22 days. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 6.9%, 2 bedrooms properties prices increased by 11.7%, the cost of 3 bedrooms properties went up by 6.2%, 4 bedrooms properties prices increased by 8.4%, prices of 5 bedrooms properties increased by 20.8%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went up by 50%, volume of 2 bedrooms homes went down by 12.3%, volume of 3 bedrooms homes went up by 13%, volume of 4 bedrooms homes went down by 5.6%, number of 5 bedrooms homes remained the same. While more than 16 listings in Inglewood, CA in July 2022 were sold above asking price, there were more than 5 listings sold at asking price, and more than 5 were sold below.

Related Housing Market Reports