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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Landers is a buyer's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Landers is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Landers, CA cost?

Median Sold Price

$345,000

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$45,001(+15.0%)

Key Takeaway

Homes in Landers have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $236.6K$300K
+26.8%
2 $290K$337.5K
+16.4%
3 $395K$402.5K
+1.9%
4 $349K$572K
+63.9%
5+ $360K-
N/A

Median Sold Price Compared To Nearby Cities

Lucerne Valley
+24.5%
Joshua Tree
+18.8%
Landers
+15.0%

How many homes are available in Landers, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
4946-6.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 1214
+16.7%
2 2217
-22.7%
3 1312
-7.7%
4 12
+100.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
76-14.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Landers, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
20 Days75 Days+270.4%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Landers has remained consistent over time.

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

About Landers, CA

Landers, CA has 46 homes on the market. Between October 2022 and November 2022, Landers, CA real estate market has seen decrease in the number of listings by 6.1%. Listings spent 75 days on the market in November 2022, and had a median list price of $345,000 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 26.8%, the cost of 2 bedrooms properties went up by 16.4%, the cost of 3 bedrooms properties went up by 1.9%, prices of 4 bedrooms properties went up by 63.9%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes became 16.7% more available, volume of 2 bedrooms homes went down by 22.7%, the quantity of 3 bedrooms homes went down by 7.7%, number of 4 bedrooms homes increased by 100%, volume of 5 bedrooms homes stayed the same. While more than 0 listings in Landers, CA in November 2022 were sold above asking price, there were more than 1 listings sold at asking price, and more than 5 were sold below.

Related Housing Market Reports