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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thornton is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Thornton has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Thornton, CA

How much do homes in Thornton, CA cost?

Median Sold Price

$550,000

$242/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$4,000(+0.7%)

Key Takeaway

Homes in Thornton have sold for 0.7% more than they did a month ago.

Summary: The median home sold price in Thornton was $550,000 in May 2024, up 0.7% from last month, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $546K$555K
+1.6%
5+ -$545K
N/A

Summary: Thornton housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stockton
+4.5%
Thornton
+0.7%

Housing Supply in Thornton, CA

How many homes are available in Thornton, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3630-16.7%

Summary: The Thornton real estate market had 30 homes for sale in May 2024, a 16.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 2016
-20.0%
5+ 129
-25.0%

Summary: The Thornton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thornton, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Thornton in May 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Thornton, CA

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Thornton has remained consistent over time.

Summary: During May 2024, 4 homes were sold in Thornton; 0% of homes were sold within 30 days, 25% 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 17 Days Ago

Newest Listings in Thornton, CA

Nearby Markets to Thornton, CA

What housing markets are near Thornton, CA?