Is Twentynine Palms, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Twentynine Palms was a Seller's Market.
Housing Prices in Twentynine Palms, CA
How much do homes in Twentynine Palms, CA cost?
Median Sold Price
$265,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Twentynine Palms was $265,000 in April 2024, down 10.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $165K | -15.4% |
2 Bedrooms | $250K | $232.5K | -7.0% |
3 Bedrooms | $299.4K | $292.2K | -2.4% |
4 Bedrooms | $340K | $345K | +1.5% |
5+ Bedrooms | $525K | $370K | -29.5% |
Summary: Twentynine Palms housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.4%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
Twentynine Palms-Yucca Valley | $349.9K | $334.9K | -4.3% |
Twentynine Palms | $295.6K | $265K | -10.4% |
Housing Supply in Twentynine Palms, CA
How many homes are available in Twentynine Palms, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
192 | 225 | +17.2% |
Summary: The Twentynine Palms real estate market had 225 homes for sale in April 2024, a 17.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 36 | 39 | +8.3% |
2 Bedrooms | 58 | 68 | +17.2% |
3 Bedrooms | 70 | 82 | +17.1% |
4 Bedrooms | 21 | 29 | +38.1% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Twentynine Palms housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 38.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 32 | +39.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Twentynine Palms in April 2024, up by 39.1% month-over-month. Of the 32 sold homes, 53% were sold under asking, 28% were sold at asking, and 19% were sold over asking.
Days on Market for Twentynine Palms, CA
How long does it take to sell a home in Twentynine Palms, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 59 Days | +15.8% |
Summary: Homes in Twentynine Palms had an average of 59 days on market in Apr 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Twentynine Palms; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.