Is California, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing California is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, California has remained a Buyer'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

$110,000

$86/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,205(+5.0%)

Key Takeaway

Homes in California have sold for 5% more than they did a year ago.

Summary: The median home sold price in California was $110,000 in April 2024, up 5% from last year, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K-
N/A
2 $79K$72.5K
-8.2%
3 $130K$132.5K
+1.9%
4 $117.5K$110K
-6.4%
5+ $248.5K$65K
-73.8%

Summary: California housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 73.8%.

Median Sold Price Compared To Nearby Cities

California
+5.0%
Coal Center
-1.5%

Housing Supply in California, PA

How many homes are available in California, PA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1822+22.2%

Summary: The California real estate market had 22 homes for sale in April 2024, a 22.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 610
+66.7%
4 89
+12.5%
5+ 11
0.0%

Summary: The California 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 decreased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in California, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in California in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Apr 2023Apr 2024CHANGE
211 Days6 Days-97.2%

Summary: Homes in California had an average of 6 days on market in Apr 2024, down by 97.2% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in California are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in California; 100% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in California, PA

Nearby Markets to California, PA

What housing markets are near California, PA?