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

Housing Market Conditions



Gauge showing Placentia is a seller's market


Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Placentia, CA

How much do homes in Placentia, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since February 2023


Key Takeaway

Homes in Placentia have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Placentia was $980,000 in February 2024, up 9.5% from last year, and the median price per square foot was $530.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $460K$562K
2 $548.5K$615K
3 $820K$922.5K
4 $1.0M$1.0M
5+ $1.1M$1.2M

Summary: Placentia housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 7.9%.

Median Sold Price Compared To Nearby Cities

Yorba Linda

Housing Supply in Placentia, CA

How many homes are available in Placentia, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE

Summary: The Placentia real estate market had 77 homes for sale in February 2024, a 16.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
2 910
3 2327
4 2631
5+ 88

Summary: The Placentia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Placentia, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Placentia in February 2024, up by 10.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 10% were sold at asking, and 48% were sold over asking.

Days on Market for Placentia, CA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
37 Days23 Days-39.2%

Summary: Homes in Placentia had an average of 23 days on market in Feb 2024, down by 39.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 21 homes were sold in Placentia; 71% of homes were sold within 30 days, 29% 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 4 Days Ago

Newest Listings in Placentia, CA

Nearby Markets to Placentia, CA

What housing markets are near Placentia, CA?