Is Rancho Cucamonga, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Rancho Cucamonga has remained a Seller's Market.
Housing Prices in Rancho Cucamonga, CA
How much do homes in Rancho Cucamonga, CA cost?
Median Sold Price
$753,571
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Rancho Cucamonga was $753,571 in June 2024, up 6.6% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $358K | +10.2% |
2 Bedrooms | $490K | $513.5K | +4.8% |
3 Bedrooms | $650K | $685K | +5.4% |
4 Bedrooms | $830K | $865K | +4.2% |
5+ Bedrooms | $1.1M | $1.1M | +1.5% |
Summary: Rancho Cucamonga housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Rancho Cucamonga | $706.8K | $753.5K | +6.6% |
Fontana | $592.4K | $620K | +4.6% |
Upland | $768.5K | $785.5K | +2.2% |
Mount Baldy-Wrightwood | $460K | $435K | -5.4% |
Housing Supply in Rancho Cucamonga, CA
How many homes are available in Rancho Cucamonga, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
327 | 363 | +11.0% |
Summary: The Rancho Cucamonga real estate market had 363 homes for sale in June 2024, a 11.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 45 | 42 | -6.7% |
3 Bedrooms | 98 | 114 | +16.3% |
4 Bedrooms | 124 | 141 | +13.7% |
5+ Bedrooms | 52 | 56 | +7.7% |
Summary: The Rancho Cucamonga housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
83 | 94 | +13.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
60 Homes Were Sold
Over Asking
Summary: A total of 94 homes were sold or pending in Rancho Cucamonga in June 2024, up by 13.3% month-over-month. Of the 94 sold homes, 21% were sold under asking, 15% were sold at asking, and 64% were sold over asking.
Days on Market for Rancho Cucamonga, CA
How long does it take to sell a home in Rancho Cucamonga, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
20 Days | 17 Days | -16.0% |
Summary: Homes in Rancho Cucamonga had an average of 17 days on market in Jun 2024, down by 16% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 94 homes were sold in Rancho Cucamonga; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.