$10,000 Closing Credit*
$1,899,999
3,000 SqFt
5 Beds
•3 Full Baths, 1 Partial
Michelle Tsai Aun, Listing Office: Coldwell Banker Realty
Is Walnut, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Walnut was a Seller's Market.
Key Takeaway
Walnut is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Walnut, CA
How much do homes in Walnut, CA cost?
Median Sold Price
$1,150,000
$576/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$60,000(+5.5%)
Key Takeaway
Homes in Walnut have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Walnut was $1,150,000 in September 2024, up 5.5% from last year, and the median price per square foot was $576.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $289.5K | -3.5% |
| 2 Bedrooms | $627.5K | $532.5K | -15.1% |
| 3 Bedrooms | $955K | $929K | -2.7% |
| 4 Bedrooms | $1.1M | $1.2M | +11.0% |
| 5+ Bedrooms | $1.4M | $1.6M | +12.8% |
Summary: Walnut housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Cities
| West Covina | $753K | $825.7K | +9.7% |
| Pomona | $611.9K | $665K | +8.7% |
| East San Gabriel Valley | $744.2K | $800K | +7.5% |
| Walnut | $1.0M | $1.1M | +5.5% |
Housing Supply in Walnut, CA
How many homes are available in Walnut, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 86 | 86 | 0.0% |
Summary: The Walnut real estate market had 86 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 28 | 23 | -17.9% |
| 4 Bedrooms | 32 | 33 | +3.1% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Walnut housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Walnut in September 2024, down by 6.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 7% were sold at asking, and 43% were sold over asking.
Days on Market for Walnut, CA
How long does it take to sell a home in Walnut, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 17 Days | -16.3% |
Summary: Homes in Walnut had an average of 17 days on market in Sep 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walnut are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 14 homes were sold in Walnut; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.