Is National City, 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, National City has remained a Seller's Market.
Housing Prices in National City, CA
How much do homes in National City, CA cost?
Median Sold Price
$650,000
$502/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in National City was $650,000 in April 2024, up 3.8% from last year, and the median price per square foot was $502.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315.5K | $315K | -0.2% |
2 Bedrooms | $520K | $550K | +5.8% |
3 Bedrooms | $636K | $675K | +6.1% |
4 Bedrooms | $712.5K | $737.5K | +3.5% |
5+ Bedrooms | $785K | $815K | +3.8% |
Summary: National City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
San Diego | $850.2K | $914.8K | +7.6% |
Chula Vista | $735.3K | $784.2K | +6.7% |
National City | $626.5K | $650K | +3.8% |
Housing Supply in National City, CA
How many homes are available in National City, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 38 | -5.0% |
Summary: The National City real estate market had 38 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 2 | -60.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 17 | 18 | +5.9% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The National City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in National City in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for National City, CA
How long does it take to sell a home in National City, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 27 Days | +159.0% |
Summary: Homes in National City had an average of 27 days on market in Apr 2024, up by 159% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in National City; 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.