Is Visalia, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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 April 2023
Summary: The median home sold price in Visalia was $401,700 in April 2024, up 4.3% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $193.2K | +24.7% |
2 Bedrooms | $243.5K | $275K | +12.9% |
3 Bedrooms | $350K | $366.7K | +4.8% |
4 Bedrooms | $466K | $454.7K | -2.4% |
5+ Bedrooms | $508.5K | $485.2K | -4.6% |
Summary: Visalia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in Visalia, CA
How many homes are available in Visalia, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 86 | -4.4% |
Summary: The Visalia real estate market had 86 homes for sale in April 2024, a 4.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 55 | 48 | -12.7% |
4 Bedrooms | 26 | 26 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Visalia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 12.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 20 | -28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Visalia in April 2024, down by 28.6% month-over-month. Of the 20 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 33 Days | -55.4% |
Summary: Homes in Visalia had an average of 33 days on market in Apr 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Visalia; 65% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.