Is Mira Loma, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mira Loma is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Mira Loma, CA

How much do homes in Mira Loma, CA cost?

Median Sold Price

$755,000

$378/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since March 2023.

Key Takeaway

The sold price of homes in Mira Loma has remained the same since last year.

Summary: The median home sold price in Mira Loma was $755,000 in March 2024, the same as last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $643K-
N/A
2 $523.5K$560K
+7.0%
3 $618K$710K
+14.9%
4 $765K$761K
-0.5%
5+ $897.5K$939.4K
+4.7%

Summary: Mira Loma housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Neighborhoods

Jurupa Valley
+4.1%
Pedley
+2.0%
Corona Valley / Eastvale
+1.4%
Mira Loma
0.0%

Housing Supply in Mira Loma, CA

How many homes are available in Mira Loma, CA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2123+9.5%

Summary: The Mira Loma real estate market had 23 homes for sale in March 2024, a 9.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 1114
+27.3%
5+ 54
-20.0%

Summary: The Mira Loma housing inventory by bedroom type for March 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 increased by 27.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mira Loma, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Mira Loma in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for Mira Loma, CA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days25 Days-52.7%

Summary: Homes in Mira Loma had an average of 25 days on market in Mar 2024, down by 52.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Mira Loma; 67% of homes were sold within 30 days, 33% 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 30 Days Ago

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