Is California, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, California was a Seller's Market.
Key Takeaway
California is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in California, PA
How much do homes in California, PA cost?
Median Sold Price
$110,200
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in California have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in California was $110,200 in May 2024, up 5.2% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | - | N/A |
| 2 Bedrooms | $78K | $80K | +2.6% |
| 3 Bedrooms | $135K | $127.5K | -5.6% |
| 4 Bedrooms | $107.3K | $132.9K | +23.7% |
| 5+ Bedrooms | $170.2K | $205.2K | +20.5% |
Summary: California housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Cities
| California | $104.7K | $110.2K | +5.2% |
| Coal Center | $248.5K | $136.9K | -44.9% |
Housing Supply in California, PA
How many homes are available in California, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The California real estate market had 26 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The California housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 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 California, 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 California in May 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 California, PA
How long does it take to sell a home in California, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 74 Days | 146 Days | +95.1% |
Summary: Homes in California had an average of 146 days on market in May 2024, up by 95.1% 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 California has remained consistent over time.
Summary: During May 2024, 2 homes were sold in California; 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.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.