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

Housing Market Conditions



Gauge showing Napa is a seller's market


Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Napa, CA

How much do homes in Napa, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Napa have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Napa was $888,510 in May 2024, up 1.4% from last year, and the median price per square foot was $589.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $599.9K$420K
2 $652.5K$700K
3 $859.6K$850K
4 $1.1M$1.2M
5+ $1.7M$1.8M

Summary: Napa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 1.7%.

Housing Supply in Napa, CA

How many homes are available in Napa, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Napa real estate market had 315 homes for sale in May 2024, a 9.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 76
2 5854
3 117126
4 7087
5+ 3642

Summary: The Napa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napa, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 61 homes were sold or pending in Napa in May 2024, down by 14.1% month-over-month. Of the 61 sold homes, 46% were sold under asking, 20% were sold at asking, and 34% were sold over asking.

Days on Market for Napa, CA

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

Average Sale Time

May 2023May 2024CHANGE
13 Days113 Days+774.4%

Summary: Homes in Napa had an average of 113 days on market in May 2024, up by 774.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 61 homes were sold in Napa; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% 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 19 Days Ago

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