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

Housing Market Conditions



Gauge showing Lompoc is a seller's market


Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Lompoc, CA

How much do homes in Lompoc, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Lompoc have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Lompoc was $581,500 in January 2024, up 9.7% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 -$752.5K
2 $345K$349K
3 $520K$560K
4 $575K$662.5K
5+ $580K$857.5K

Summary: Lompoc housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 47.8%.

Housing Supply in Lompoc, CA

How many homes are available in Lompoc, CA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Lompoc real estate market had 33 homes for sale in January 2024, a 17.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 10
2 32
3 1624
4 54
5+ 33

Summary: The Lompoc housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lompoc, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Lompoc in January 2024, up by 50.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Lompoc, CA

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

Average Sale Time

Jan 2023Jan 2024CHANGE
54 Days27 Days-48.5%

Summary: Homes in Lompoc had an average of 27 days on market in Jan 2024, down by 48.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During January 2024, 6 homes were sold in Lompoc; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 23 Days Ago

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