Is Inglewood, 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, Inglewood has remained a Seller's Market.
Housing Prices in Inglewood, CA
How much do homes in Inglewood, CA cost?
Median Sold Price
$705,999
$528/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Inglewood was $705,999 in March 2024, down 4.4% from last year, and the median price per square foot was $528.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.7K | $375K | -0.7% |
2 Bedrooms | $600K | $585K | -2.5% |
3 Bedrooms | $825K | $760K | -7.9% |
4 Bedrooms | $1.0M | $970K | -6.7% |
5+ Bedrooms | $1.3M | $1.3M | 0.2% |
Summary: Inglewood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Cities
Los Angeles | $988.7K | $975.9K | -1.3% |
Hawthorne | $890K | $865K | -2.8% |
Inglewood | $738.3K | $705.9K | -4.4% |
Housing Supply in Inglewood, CA
How many homes are available in Inglewood, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 135 | +9.8% |
Summary: The Inglewood real estate market had 135 homes for sale in March 2024, a 9.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 43 | 38 | -11.6% |
3 Bedrooms | 44 | 54 | +22.7% |
4 Bedrooms | 14 | 14 | 0.0% |
5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The Inglewood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 22.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Inglewood in March 2024, up by 20.8% month-over-month. Of the 29 sold homes, 34% were sold under asking, 17% were sold at asking, and 48% were sold over asking.
Days on Market for Inglewood, CA
How long does it take to sell a home in Inglewood, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 38 Days | -1.4% |
Summary: Homes in Inglewood had an average of 38 days on market in Mar 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in Inglewood; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.