Is Napa County, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Napa County has remained a Seller's Market.
Housing Prices in Napa County, CA
How much do homes in Napa County, CA cost?
Median Sold Price
$863,835
$575/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Napa County was $863,835 in March 2024, down 5.4% from last year, and the median price per square foot was $575.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $625.2K | $466.5K | -25.4% |
2 Bedrooms | $750K | $691K | -7.9% |
3 Bedrooms | $892.6K | $843.3K | -5.5% |
4 Bedrooms | $1.1M | $1.1M | +5.5% |
5+ Bedrooms | $1.4M | $1.6M | +13.4% |
Summary: Napa County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 13.4%.
Median Sold Price Compared To Nearby Counties
Sonoma County | $789.3K | $802.5K | +1.7% |
Solano County | $581.2K | $569.4K | -2.0% |
Lake County | $347K | $332.8K | -4.1% |
Napa County | $913.5K | $863.8K | -5.4% |
Housing Supply in Napa County, CA
How many homes are available in Napa County, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
293 | 360 | +22.9% |
Summary: The Napa County real estate market had 360 homes for sale in March 2024, a 22.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 52 | 67 | +28.8% |
3 Bedrooms | 140 | 161 | +15.0% |
4 Bedrooms | 67 | 82 | +22.4% |
5+ Bedrooms | 27 | 42 | +55.6% |
Summary: The Napa County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 28.8%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 66 | +10.0% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Napa County in March 2024, up by 10.0% month-over-month. Of the 65 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Napa County, CA
How long does it take to sell a home in Napa County, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 31 Days | -29.0% |
Summary: Homes in Napa County had an average of 31 days on market in Mar 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in Napa County; 3% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.