Is Lathrop, 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, Lathrop has remained a Seller's Market.
Housing Prices in Lathrop, CA
How much do homes in Lathrop, CA cost?
Median Sold Price
$705,625
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lathrop was $705,625 in April 2024, up 3.8% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $310K | N/A |
3 Bedrooms | $632K | $589K | -6.8% |
4 Bedrooms | $695K | $694.1K | -0.1% |
5+ Bedrooms | $826.3K | $762.3K | -7.7% |
Summary: Lathrop 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 did not change, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Cities
Manteca | $620K | $657.6K | +6.1% |
Lathrop | $679.9K | $705.6K | +3.8% |
Housing Supply in Lathrop, CA
How many homes are available in Lathrop, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 31 | -22.5% |
Summary: The Lathrop real estate market had 31 homes for sale in April 2024, a 22.5% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 18 | 13 | -27.8% |
5+ Bedrooms | 13 | 9 | -30.8% |
Summary: The Lathrop 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 remained the same, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 30.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 7 | -46.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Lathrop in April 2024, down by 46.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Lathrop, CA
How long does it take to sell a home in Lathrop, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 38 Days | -25.7% |
Summary: Homes in Lathrop had an average of 38 days on market in Apr 2024, down by 25.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Lathrop; 29% 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.