Is California, KY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, California was a Seller's Market.

Key Takeaway

California is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in California, KY

How much do homes in California, KY cost?

Median Sold Price

$69,750

$61/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$23,250(-25.0%)

Key Takeaway

Homes in California have sold for 25% less than they did a year ago.

Summary: The median home sold price in California was $69,750 in April 2024, down 25% from last year, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $31K$31K
0.0%
2 $75K$55K
-26.7%
3 $84.7K$85K
0.3%
4 $100K$92.4K
-7.5%
5+ $100.9K$151.6K
+50.2%

Summary: California housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 50.2%.

Median Sold Price Compared To Nearby Neighborhoods

Russell
+17.6%
Park Hill
+6.1%
California
-25.0%

Housing Supply in California, KY

How many homes are available in California, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1619+18.8%

Summary: The California real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 811
+37.5%
4 77
0.0%
5+ 11
0.0%

Summary: The California 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 remained the same, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in California in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for California, KY

We’re sorry, we don't have information for this market at the moment

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

Report Updated 7 Days Ago

Newest Listings in California, KY

Nearby Markets to California, KY