Is Visalia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Visalia has remained a Seller's Market.
Housing Prices in Visalia, CA
How much do homes in Visalia, CA cost?
Median Sold Price
$401,700
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Visalia was $401,700 in March 2024, up 4.3% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $193.2K | +24.7% |
2 Bedrooms | $282.5K | $250K | -11.5% |
3 Bedrooms | $355K | $366K | +3.1% |
4 Bedrooms | $460K | $457.5K | -0.5% |
5+ Bedrooms | $515.5K | $482K | -6.5% |
Summary: Visalia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in Visalia, CA
How many homes are available in Visalia, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 89 | +6.0% |
Summary: The Visalia real estate market had 89 homes for sale in March 2024, a 6.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 48 | 53 | +10.4% |
4 Bedrooms | 26 | 28 | +7.7% |
5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Visalia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Visalia in March 2024, up by 25.0% month-over-month. Of the 25 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Visalia, CA
How long does it take to sell a home in Visalia, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 40 Days | +43.8% |
Summary: Homes in Visalia had an average of 40 days on market in Mar 2024, up by 43.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 25 homes were sold in Visalia; 64% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.