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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inglewood is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Inglewood was a Seller's Market.

Key Takeaway

Inglewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Inglewood, CA

How much do homes in Inglewood, CA cost?

Median Sold Price

$725,000

$524/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$8,333(+1.2%)

Key Takeaway

Homes in Inglewood have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Inglewood was $725,000 in September 2024, up 1.2% from last year, and the median price per square foot was $524.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $373K$380K
+1.9%
2 $585K$590K
+0.9%
3 $785K$765K
-2.5%
4 $966.9K$912.5K
-5.6%
5+ $1.4M$1.1M
-19.1%

Summary: Inglewood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Cities

Los Angeles
+4.9%
Hawthorne
+4.7%
Inglewood
+1.2%

Housing Supply in Inglewood, CA

How many homes are available in Inglewood, CA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
169168-0.6%

Summary: The Inglewood real estate market had 168 homes for sale in September 2024, a 0.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 710
+42.9%
2 5653
-5.4%
3 6460
-6.3%
4 1919
0.0%
5+ 2326
+13.0%

Summary: The Inglewood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
26260.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inglewood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Inglewood in September 2024, the same as the previous month. Of the 26 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% 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

Sep 2023Sep 2024CHANGE
33 Days64 Days+94.8%

Summary: Homes in Inglewood had an average of 64 days on market in Sep 2024, up by 94.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 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.

Summary: During September 2024, 26 homes were sold in Inglewood; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 30 Days Ago

Newest Listings in Inglewood, CA

Nearby Markets to Inglewood, CA

What housing markets are near Inglewood, CA?