Is Hercules, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hercules has remained a Seller's Market.
Housing Prices in Hercules, CA
How much do homes in Hercules, CA cost?
Median Sold Price
$760,000
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hercules was $760,000 in May 2024, down 7.8% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $362K | +0.6% |
2 Bedrooms | $480K | $499K | +4.0% |
3 Bedrooms | $753K | $750K | -0.4% |
4 Bedrooms | $929.9K | $901K | -3.1% |
5+ Bedrooms | $950K | $1.1M | +17.4% |
Summary: Hercules housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
Rodeo | $678.5K | $712.5K | +5.0% |
West Contra Costa | $715.1K | $720K | +0.7% |
Briones | $913.5K | $920K | +0.7% |
Pinole | $750K | $750K | 0.0% |
Hercules | $824K | $760K | -7.8% |
Housing Supply in Hercules, CA
How many homes are available in Hercules, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 48 | +11.6% |
Summary: The Hercules real estate market had 48 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Hercules 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 28.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Hercules in May 2024, up by 7.1% month-over-month. Of the 13 sold homes, 8% were sold under asking, 31% were sold at asking, and 62% were sold over asking.
Days on Market for Hercules, CA
How long does it take to sell a home in Hercules, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 14 Days | -52.7% |
Summary: Homes in Hercules had an average of 14 days on market in May 2024, down by 52.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Hercules; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.