Is Port Hueneme, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Hueneme is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Port Hueneme, CA cost?

Median Sold Price

$530,000

$429/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$60,000(+12.8%)

Key Takeaway

Homes in Port Hueneme have sold for 12.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $347K$399.9K
+15.2%
2 $410K$475K
+15.9%
3 $540K$585K
+8.3%
4 $645.5K$670K
+3.8%
5+ $605K-
N/A

Median Sold Price Compared To Nearby Cities

Port Hueneme
+12.8%
Oxnard
+11.9%

How many homes are available in Port Hueneme, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
6368+7.9%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 10
-100.0%
2 2730
+11.1%
3 3032
+6.7%
4 45
+25.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
1522+46.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Hueneme, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
18 Days30 Days+64.8%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Port Hueneme, CA

Number of homes for sale in Port Hueneme, CA real estate market have reached 68. The inventory of homes for sale in Port Hueneme, CA between August 2022 and September 2022 increased by 7.9%. In September 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $530,000. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 15.2%, 2 bedrooms properties prices increased by 15.9%, 3 bedrooms properties prices increased by 8.3%, 4 bedrooms properties prices increased by 3.8%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 100% less available, number of 2 bedrooms homes increased by 11.1%, the quantity of 3 bedrooms homes went up by 6.7%, number of 4 bedrooms homes increased by 25%, 5 bedrooms homes inventory did not change. In September 2022 more than 7 listings in Port Hueneme, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 9 were sold below.

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