Is Rohnert Park, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rohnert Park has remained a Seller's Market.
Key Takeaway
Rohnert Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rohnert Park, CA
How much do homes in Rohnert Park, CA cost?
Median Sold Price
$705,000
$418/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rohnert Park have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Rohnert Park was $705,000 in April 2024, up 1.7% from last year, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $312.5K | $306.2K | -2.0% |
| 2 Bedrooms | $435K | $445K | +2.3% |
| 3 Bedrooms | $680K | $700.5K | +3.0% |
| 4 Bedrooms | $800.9K | $805K | 0.5% |
| 5+ Bedrooms | $825K | $905.1K | +9.7% |
Summary: Rohnert Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Rohnert Park | $693K | $705K | +1.7% |
| Cotati | $680K | $655K | -3.7% |
Housing Supply in Rohnert Park, CA
How many homes are available in Rohnert Park, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 85 | +11.8% |
Summary: The Rohnert Park real estate market had 85 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 19 | 22 | +15.8% |
| 3 Bedrooms | 32 | 33 | +3.1% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Rohnert Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rohnert Park, you could pay more than the asking price. 42.3% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Rohnert Park in April 2024, up by 8.3% month-over-month. Of the 26 sold homes, 31% were sold under asking, 27% were sold at asking, and 42% were sold over asking.
Days on Market for Rohnert Park, CA
We’re sorry, we don't have information for this market at the moment
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