Is Rialto, 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, Rialto has remained a Seller's Market.
Housing Prices in Rialto, CA
How much do homes in Rialto, CA cost?
Median Sold Price
$570,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Rialto was $570,000 in June 2024, up 5.6% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $379.5K | $390K | +2.8% |
3 Bedrooms | $520K | $545K | +4.8% |
4 Bedrooms | $565K | $600K | +6.2% |
5+ Bedrooms | $651.9K | $652.6K | 0.1% |
Summary: Rialto housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Rialto | $540K | $570K | +5.6% |
San Bernardino | $453K | $475K | +4.8% |
Fontana | $592.4K | $620K | +4.6% |
Colton | $465K | $483.3K | +3.9% |
Housing Supply in Rialto, CA
How many homes are available in Rialto, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
172 | 155 | -9.9% |
Summary: The Rialto real estate market had 155 homes for sale in June 2024, a 9.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 76 | 66 | -13.2% |
4 Bedrooms | 68 | 68 | 0.0% |
5+ Bedrooms | 21 | 13 | -38.1% |
Summary: The Rialto housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 38.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
47 | 44 | -6.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Rialto in June 2024, down by 6.4% month-over-month. Of the 44 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
25 Days | 25 Days | -0.3% |
Summary: Homes in Rialto had an average of 25 days on market in Jun 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 44 homes were sold in Rialto; 75% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.