Is Napa County, 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, Napa County has remained a Seller's Market.
Key Takeaway
Napa County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Napa County, CA
How much do homes in Napa County, CA cost?
Median Sold Price
$880,133
$579/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Napa County have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Napa County was $880,133 in April 2024, down 2.1% from last year, and the median price per square foot was $579.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $638K | $430K | -32.6% |
| 2 Bedrooms | $720K | $718K | -0.3% |
| 3 Bedrooms | $877.8K | $849.3K | -3.2% |
| 4 Bedrooms | $1.0M | $1.2M | +11.6% |
| 5+ Bedrooms | $1.4M | $1.8M | +22.0% |
Summary: Napa County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.6%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Counties
| Sonoma County | $786.2K | $801.3K | +1.9% |
| Solano County | $575.1K | $571.4K | -0.7% |
| Napa County | $899.1K | $880.1K | -2.1% |
| Lake County | $347.6K | $335K | -3.6% |
Housing Supply in Napa County, CA
How many homes are available in Napa County, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 363 | 454 | +25.1% |
Summary: The Napa County real estate market had 454 homes for sale in April 2024, a 25.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 67 | 82 | +22.4% |
| 3 Bedrooms | 168 | 192 | +14.3% |
| 4 Bedrooms | 78 | 116 | +48.7% |
| 5+ Bedrooms | 42 | 57 | +35.7% |
Summary: The Napa County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 22.4%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 68 | 86 | +26.5% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Napa County, you may be able to get a good deal. 46.5% of homes here sold below asking price last month.
Summary: A total of 86 homes were sold or pending in Napa County in April 2024, up by 26.5% month-over-month. Of the 86 sold homes, 47% were sold under asking, 19% were sold at asking, and 35% were sold over asking.
Days on Market for Napa County, CA
How long does it take to sell a home in Napa County, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 9 Days | -79.9% |
Summary: Homes in Napa County had an average of 9 days on market in Apr 2024, down by 79.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Napa County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 86 homes were sold in Napa County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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