Is Oroville, 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, Oroville has remained a Seller's Market.
Key Takeaway
Oroville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oroville, CA
How much do homes in Oroville, CA cost?
Median Sold Price
$307,970
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Oroville have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Oroville was $307,970 in March 2024, down 3.8% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $212K | N/A |
| 2 Bedrooms | $238.5K | $250.5K | +5.0% |
| 3 Bedrooms | $345K | $327K | -5.2% |
| 4 Bedrooms | $395K | $385K | -2.5% |
| 5+ Bedrooms | $205K | $350K | +70.7% |
Summary: Oroville 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 5%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 70.7%.
Housing Supply in Oroville, CA
How many homes are available in Oroville, CA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 118 | 145 | +22.9% |
Summary: The Oroville real estate market had 145 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 | 4 | 2 | -50.0% |
| 2 Bedrooms | 32 | 42 | +31.3% |
| 3 Bedrooms | 54 | 66 | +22.2% |
| 4 Bedrooms | 18 | 23 | +27.8% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Oroville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 31 | +121.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oroville, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Oroville in March 2024, up by 121.4% month-over-month. Of the 31 sold homes, 74% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for Oroville, CA
How long does it take to sell a home in Oroville, CA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 33 Days | -47.4% |
Summary: Homes in Oroville had an average of 33 days on market in Mar 2024, down by 47.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oroville are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 31 homes were sold in Oroville; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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