Is Nice, 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, Nice has remained a Seller's Market.
Key Takeaway
Nice is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nice, CA
How much do homes in Nice, CA cost?
Median Sold Price
$251,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Nice has remained the same since last year.
Summary: The median home sold price in Nice was $251,000 in April 2024, down 0.4% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $149K | -0.7% |
| 2 Bedrooms | $244K | $254K | +4.1% |
| 3 Bedrooms | $289K | $268.7K | -7.0% |
| 4 Bedrooms | $269.5K | $296K | +9.8% |
| 5+ Bedrooms | $449K | $202K | -55.0% |
Summary: Nice housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 55%.
Median Sold Price Compared To Nearby Cities
| Upper Lake-Nice | $289K | $310K | +7.3% |
| Lucerne-Clearlake Oaks | $265K | $270K | +1.9% |
| Nice | $252K | $251K | -0.4% |
Housing Supply in Nice, CA
How many homes are available in Nice, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 10 | +150.0% |
Summary: The Nice real estate market had 10 homes for sale in April 2024, a 150.0% 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 2 | 7 | +250.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Nice 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 100%, 3 bedroom homes increased by 250%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Nice, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Nice in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Nice, CA
How long does it take to sell a home in Nice, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 101 Days | +32.9% |
Summary: Homes in Nice had an average of 101 days on market in Apr 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nice has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Nice; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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