Is Rancho Cucamonga, 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, Rancho Cucamonga has remained a Seller's Market.
Housing Prices in Rancho Cucamonga, CA
How much do homes in Rancho Cucamonga, CA cost?
Median Sold Price
$745,000
$428/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rancho Cucamonga was $745,000 in April 2024, up 3.5% from last year, and the median price per square foot was $428.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | $353.5K | +8.8% |
2 Bedrooms | $490K | $508.5K | +3.8% |
3 Bedrooms | $659.9K | $675K | +2.3% |
4 Bedrooms | $842.2K | $841.2K | -0.1% |
5+ Bedrooms | $1.1M | $1.1M | +2.4% |
Summary: Rancho Cucamonga housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Cities
Rancho Cucamonga | $719.9K | $745K | +3.5% |
Upland | $766.8K | $780K | +1.7% |
Fontana | $604.9K | $610K | +0.8% |
Mount Baldy-Wrightwood | $452.5K | $439K | -3.0% |
Housing Supply in Rancho Cucamonga, CA
How many homes are available in Rancho Cucamonga, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
266 | 300 | +12.8% |
Summary: The Rancho Cucamonga real estate market had 300 homes for sale in April 2024, a 12.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 41 | 43 | +4.9% |
3 Bedrooms | 90 | 87 | -3.3% |
4 Bedrooms | 84 | 111 | +32.1% |
5+ Bedrooms | 47 | 54 | +14.9% |
Summary: The Rancho Cucamonga housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 14.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 103 | +37.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 103 homes were sold or pending in Rancho Cucamonga in April 2024, up by 37.3% month-over-month. Of the 103 sold homes, 28% were sold under asking, 23% were sold at asking, and 49% were sold over asking.
Days on Market for Rancho Cucamonga, CA
How long does it take to sell a home in Rancho Cucamonga, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 22 Days | -34.4% |
Summary: Homes in Rancho Cucamonga had an average of 22 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 103 homes were sold in Rancho Cucamonga; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.