Is Rodeo, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rodeo is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Rodeo was a Seller's Market.

Key Takeaway

Rodeo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rodeo, CA

How much do homes in Rodeo, CA cost?

Median Sold Price

$720,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$35,000(+5.1%)

Key Takeaway

Homes in Rodeo have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Rodeo was $720,000 in February 2024, up 5.1% from last year, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $415K-
N/A
2 $536K$525K
-2.1%
3 $629K$622.5K
-1.0%
4 $730K$759.1K
+4.0%
5+ $825K$1.1M
+33.3%

Summary: Rodeo housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Rodeo
+5.1%
Briones
+2.2%
Hercules
-3.5%
West Contra Costa
-3.8%

Housing Supply in Rodeo, CA

How many homes are available in Rodeo, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
68+33.3%

Summary: The Rodeo real estate market had 8 homes for sale in February 2024, a 33.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Rodeo housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rodeo, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Rodeo in February 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rodeo, CA

How long does it take to sell a home in Rodeo, CA?

Average Sale Time

Feb 2023Feb 2024CHANGE
52 Days8 Days-84.8%

Summary: Homes in Rodeo had an average of 8 days on market in Feb 2024, down by 84.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Rodeo; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 28 Days Ago

Newest Listings in Rodeo, CA

Nearby Markets to Rodeo, CA

What housing markets are near Rodeo, CA?