Is Sanger, 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, Sanger has remained a Seller's Market.
Housing Prices in Sanger, CA
How much do homes in Sanger, CA cost?
Median Sold Price
$410,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sanger was $410,000 in May 2024, up 1.2% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $899K | $142.5K | -84.1% |
2 Bedrooms | $252.5K | $265K | +5.0% |
3 Bedrooms | $355K | $387K | +9.0% |
4 Bedrooms | $444K | $423.4K | -4.6% |
5+ Bedrooms | $489.9K | $486.4K | -0.7% |
Summary: Sanger housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 84.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Sanger, CA
How many homes are available in Sanger, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 79 | -3.7% |
Summary: The Sanger real estate market had 79 homes for sale in May 2024, a 3.7% decrease 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 | 8 | 6 | -25.0% |
3 Bedrooms | 39 | 38 | -2.6% |
4 Bedrooms | 22 | 25 | +13.6% |
5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Sanger 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 decreased by 25%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Sanger in May 2024, down by 26.3% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for Sanger, CA
How long does it take to sell a home in Sanger, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 42 Days | +60.2% |
Summary: Homes in Sanger had an average of 42 days on market in May 2024, up by 60.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Sanger; 50% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.