Is Coalinga, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coalinga was a Buyer's Market.
Housing Prices in Coalinga, CA
How much do homes in Coalinga, CA cost?
Median Sold Price
$285,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coalinga was $285,000 in April 2024, up 8.8% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $305.6K | N/A |
2 Bedrooms | $155K | $215K | +38.7% |
3 Bedrooms | $255.7K | $285K | +11.4% |
4 Bedrooms | $330K | $335K | +1.5% |
5+ Bedrooms | $307K | $353.9K | +15.3% |
Summary: Coalinga 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 increased by 38.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 15.3%.
Housing Supply in Coalinga, CA
How many homes are available in Coalinga, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 40 | +8.1% |
Summary: The Coalinga real estate market had 40 homes for sale in April 2024, a 8.1% increase 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 | 8 | 9 | +12.5% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Coalinga 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 12.5%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Coalinga in April 2024, down by 27.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for Coalinga, CA
How long does it take to sell a home in Coalinga, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 35 Days | -36.4% |
Summary: Homes in Coalinga had an average of 35 days on market in Apr 2024, down by 36.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Coalinga; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.