Is Twentynine Palms-Yucca Valley, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twentynine Palms-Yucca Valley is a buyer's market

Buyer's
Market

Difference Since December 2021

At the same time last year, Twentynine Palms-Yucca Valley was a Seller's Market.

Key Takeaway

Twentynine Palms-Yucca Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Twentynine Palms-Yucca Valley, CA cost?

Median Sold Price

$364,035

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$39,035(+12.0%)

Key Takeaway

Homes in Twentynine Palms-Yucca Valley have sold for 12% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $227K$265K
+16.7%
2 $286.9K$324.2K
+13.0%
3 $340.5K$380.7K
+11.8%
4 $422.1K$450K
+6.6%
5+ $510K$740K
+45.1%

Median Sold Price Compared To Nearby Cities

Twentynine Palms
+20.4%
Joshua Tree
+12.9%
Yucca Valley
+12.8%
Twentynine Palms-Yucca Valley
+12.0%

How many homes are available in Twentynine Palms-Yucca Valley, CA?

Number of Homes For Sale

Nov 2022Dec 2022%
602619+2.8%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 7683
+9.2%
2 171183
+7.0%
3 267265
-0.7%
4 7374
+1.4%
5+ 1514
-6.7%

Number of Homes Sold

Nov 2022Dec 2022%
7354-26.0%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twentynine Palms-Yucca Valley, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
35 Days57 Days+61.4%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Twentynine Palms-Yucca Valley has remained consistent over time.

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

About Twentynine Palms-Yucca Valley, CA

Twentynine Palms-Yucca Valley, CA has 619 homes on the market. Between November 2022 and December 2022, Twentynine Palms-Yucca Valley, CA real estate market has seen increase in the number of listings by 2.8%. Listings spent 57 days on the market in December 2022, and had a median list price of $364,035 during the same period. From November 2022 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 16.7%, the cost of 2 bedrooms properties went up by 13%, prices of 3 bedrooms properties increased by 11.8%, 4 bedrooms properties became 6.6% more expensive, prices of 5 bedrooms properties went up by 45.1%. This housing market inventory have changed: the quantity of 1 bedroom homes went up by 9.2%, the quantity of 2 bedrooms homes went up by 7%, number of 3 bedrooms homes decreased by 0.7%, 4 bedrooms homes inventory increased by 1.4%, 5 bedrooms homes inventory decreased by 6.7%. While more than 9 listings in Twentynine Palms-Yucca Valley, CA in December 2022 were sold above asking price, there were more than 13 listings sold at asking price, and more than 32 were sold below.

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