Is 95448, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 95448 is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 95448 was a Seller's Market.

Key Takeaway

95448 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 95448, CA

How much do homes in 95448, CA cost?

Median Sold Price

$1,100,000

$686/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$50,000(-4.3%)

Key Takeaway

Homes in 95448 have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in 95448 was $1,100,000 in May 2024, down 4.3% from last year, and the median price per square foot was $686.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $958.7K$548K
-42.8%
2 $875K$785K
-10.3%
3 $997.5K$1.0M
+9.0%
4 $1.8M$1.9M
+5.6%
5+ $2.4M$3.0M
+28.5%

Summary: 95448 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.8%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 28.5%.

Median Sold Price Compared To Nearby Zip Codes

95492
+5.2%
95448
-4.3%
95446
-12.4%

Housing Supply in 95448, CA

How many homes are available in 95448, CA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
89101+13.5%

Summary: The 95448 real estate market had 101 homes for sale in May 2024, a 13.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 67
+16.7%
2 2121
0.0%
3 3645
+25.0%
4 1920
+5.3%
5+ 78
+14.3%

Summary: The 95448 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 95448, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 95448 in May 2024, down by 30.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for 95448, CA

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 13 Days Ago

Newest Listings in 95448, CA

Nearby Markets to 95448, CA