Is Rancho Cucamonga, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rancho Cucamonga is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Rancho Cucamonga, CA cost?

Median Sold Price

$725,000

$422/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$75,006(+11.5%)

Key Takeaway

Homes in Rancho Cucamonga have sold for 11.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $290K$325K
+12.1%
2 $415.6K$485K
+16.7%
3 $585K$670K
+14.5%
4 $750.2K$849.7K
+13.3%
5+ $950K$1.1M
+17.9%

Median Sold Price Compared To Nearby Cities

Fontana
+16.1%
Upland
+15.3%
Mount Baldy-Wrightwood
+11.9%
Rancho Cucamonga
+11.5%

How many homes are available in Rancho Cucamonga, CA?

Number of Homes For Sale

Oct 2022Nov 2022%
391337-13.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 73
-57.1%
2 3836
-5.3%
3 136112
-17.6%
4 145124
-14.5%
5+ 6562
-4.6%

Number of Homes Sold

Oct 2022Nov 2022%
11666-43.1%

Asking Price vs. Sold Price

44 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rancho Cucamonga, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
18 Days37 Days+102.1%

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rancho Cucamonga 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 Rancho Cucamonga, CA

Number of homes for sale in Rancho Cucamonga, CA real estate market have reached 337. Between October 2022 and November 2022, Rancho Cucamonga, CA real estate market has seen decrease in the number of listings by 13.8%. Listings spent 37 days on the market in November 2022, and had a median list price of $725,000 during the same period. Real estate listing prices changed between October 2022 and November 2022: 1 bedroom properties prices increased by 12.1%, prices of 2 bedrooms properties went up by 16.7%, the cost of 3 bedrooms properties went up by 14.5%, prices of 4 bedrooms properties increased by 13.3%, 5 bedrooms properties prices increased by 17.9%. Housing inventory have changed in this real estate market: 1 bedroom homes became 57.1% less available, the quantity of 2 bedrooms homes went down by 5.3%, number of 3 bedrooms homes decreased by 17.6%, number of 4 bedrooms homes decreased by 14.5%, 5 bedrooms homes inventory decreased by 4.6%. Over 19 listings were sold over their listed price in November 2022 in Rancho Cucamonga, CA. In the same period over 44 listings were sold below the listed price and 3 listings were sold for the listed price.

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