Is Stockton, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Stockton has remained a Seller's Market.
Key Takeaway
Stockton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stockton, CA
How much do homes in Stockton, CA cost?
Median Sold Price
$514,500
$279/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Stockton have sold for 6% more than they did a month ago.
Summary: The median home sold price in Stockton was $514,500 in June 2024, up 6% from last month, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $325K | $350K | +7.7% |
| 3 Bedrooms | $470.5K | $435K | -7.5% |
| 4 Bedrooms | $537K | $557.9K | +3.9% |
| 5+ Bedrooms | $580K | $659.2K | +13.7% |
Summary: Stockton housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
| Thornton | $555K | $600.8K | +8.3% |
| Stockton | $485.4K | $514.5K | +6.0% |
Housing Supply in Stockton, CA
How many homes are available in Stockton, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 165 | 157 | -4.8% |
Summary: The Stockton real estate market had 157 homes for sale in June 2024, a 4.8% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 19 | 12 | -36.8% |
| 3 Bedrooms | 61 | 63 | +3.3% |
| 4 Bedrooms | 51 | 50 | -2.0% |
| 5+ Bedrooms | 32 | 28 | -12.5% |
Summary: The Stockton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 36.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stockton, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Stockton in June 2024, up by 7.9% month-over-month. Of the 38 sold homes, 32% were sold under asking, 32% were sold at asking, and 37% were sold over asking.
Days on Market for Stockton, CA
How long does it take to sell a home in Stockton, CA?
Average Sale Time
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 41 Days | 33 Days | -18.3% |
Summary: Homes in Stockton had an average of 33 days on market in Jun 2024, down by 18.3% compared to last month.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stockton are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 41 homes were sold in Stockton; 39% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.