Is Inglewood, 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, Inglewood has remained a Seller's Market.
Housing Prices in Inglewood, CA
How much do homes in Inglewood, CA cost?
Median Sold Price
$706,999
$529/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Inglewood was $706,999 in April 2024, down 3.8% from last year, and the median price per square foot was $529.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.7K | $373K | -1.3% |
2 Bedrooms | $590K | $585K | -0.8% |
3 Bedrooms | $822.5K | $760K | -7.6% |
4 Bedrooms | $1.0M | $1.0M | -1.4% |
5+ Bedrooms | $1.3M | $1.3M | -1.5% |
Summary: Inglewood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 1.5%.
Median Sold Price Compared To Nearby Cities
Los Angeles | $978.8K | $986.4K | +0.8% |
Hawthorne | $872.5K | $870K | -0.3% |
Inglewood | $734.9K | $706.9K | -3.8% |
Housing Supply in Inglewood, CA
How many homes are available in Inglewood, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 138 | +5.3% |
Summary: The Inglewood real estate market had 138 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 41 | 36 | -12.2% |
3 Bedrooms | 52 | 56 | +7.7% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 22 | 26 | +18.2% |
Summary: The Inglewood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 24 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Inglewood in April 2024, down by 20.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 21% were sold at asking, and 38% were sold over asking.
Days on Market for Inglewood, CA
How long does it take to sell a home in Inglewood, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 34 Days | -25.4% |
Summary: Homes in Inglewood had an average of 34 days on market in Apr 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Inglewood; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.