Is Los Molinos, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Los Molinos is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Los Molinos, CA

How much do homes in Los Molinos, CA cost?

Median Sold Price

$340,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$36,250(-9.6%)

Key Takeaway

Homes in Los Molinos have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in Los Molinos was $340,000 in May 2024, down 9.6% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $117.5K$181.5K
+54.5%
2 $389K$204K
-47.6%
3 $358K$351K
-2.0%
4 $725K$505K
-30.3%
5+ -$575K
N/A

Summary: Los Molinos housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.5%, 2 bedroom homes decreased by 47.6%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 30.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Los Molinos
-9.6%
East Tehama
-20.2%

Housing Supply in Los Molinos, CA

How many homes are available in Los Molinos, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
12120.0%

Summary: The Los Molinos real estate market had 12 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Los Molinos housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 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 Los Molinos, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Los Molinos in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Los Molinos, CA

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

Average Sale Time

May 2023May 2024CHANGE
200 Days105 Days-47.5%

Summary: Homes in Los Molinos had an average of 105 days on market in May 2024, down by 47.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Los Molinos are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 4 homes were sold in Los Molinos; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 12 Days Ago

Newest Listings in Los Molinos, CA

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