Is Rialto, 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, Rialto has remained a Seller's Market.
Housing Prices in Rialto, CA
How much do homes in Rialto, CA cost?
Median Sold Price
$559,400
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rialto was $559,400 in March 2024, up 3.6% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | - | N/A |
2 Bedrooms | $420K | $375K | -10.7% |
3 Bedrooms | $525K | $535K | +1.9% |
4 Bedrooms | $570K | $586K | +2.8% |
5+ Bedrooms | $650K | $654K | +0.6% |
Summary: Rialto 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 decreased by 10.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Rialto | $540K | $559.4K | +3.6% |
San Bernardino | $459.8K | $465.6K | +1.3% |
Colton | $470K | $473.3K | +0.7% |
Fontana | $610.2K | $606.2K | -0.7% |
Housing Supply in Rialto, CA
How many homes are available in Rialto, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
168 | 159 | -5.4% |
Summary: The Rialto real estate market had 159 homes for sale in March 2024, a 5.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 76 | 75 | -1.3% |
4 Bedrooms | 64 | 59 | -7.8% |
5+ Bedrooms | 22 | 19 | -13.6% |
Summary: The Rialto housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes decreased by 13.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 48 | +23.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Rialto in March 2024, up by 23.1% month-over-month. Of the 48 sold homes, 38% were sold under asking, 17% were sold at asking, and 46% were sold over asking.
Days on Market for Rialto, CA
How long does it take to sell a home in Rialto, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 31 Days | -30.4% |
Summary: Homes in Rialto had an average of 31 days on market in Mar 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 48 homes were sold in Rialto; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.