Is Shasta County, 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, Shasta County has remained a Seller's Market.
Key Takeaway
Shasta County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shasta County, CA
How much do homes in Shasta County, CA cost?
Median Sold Price
$373,597
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Shasta County have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Shasta County was $373,597 in May 2024, up 0.9% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | $175.3K | +17.0% |
| 2 Bedrooms | $254.9K | $259.7K | +1.9% |
| 3 Bedrooms | $359.9K | $364.2K | +1.2% |
| 4 Bedrooms | $480K | $496.3K | +3.4% |
| 5+ Bedrooms | $649.4K | $550K | -15.3% |
Summary: Shasta County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Counties
| Tehama County | $314.9K | $326K | +3.5% |
| Shasta County | $370.3K | $373.5K | +0.9% |
Housing Supply in Shasta County, CA
How many homes are available in Shasta County, CA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 834 | 899 | +7.8% |
Summary: The Shasta County real estate market had 899 homes for sale in May 2024, a 7.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 11 | -15.4% |
| 2 Bedrooms | 107 | 109 | +1.9% |
| 3 Bedrooms | 484 | 531 | +9.7% |
| 4 Bedrooms | 181 | 195 | +7.7% |
| 5+ Bedrooms | 49 | 53 | +8.2% |
Summary: The Shasta County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 8.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 183 | 186 | +1.6% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
56 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shasta County, you may be able to get a good deal. 44.6% of homes here sold below asking price last month.
Summary: A total of 186 homes were sold or pending in Shasta County in May 2024, up by 1.6% month-over-month. Of the 186 sold homes, 45% were sold under asking, 25% were sold at asking, and 30% were sold over asking.
Days on Market for Shasta County, CA
How long does it take to sell a home in Shasta County, CA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 78 Days | 61 Days | -21.6% |
Summary: Homes in Shasta County had an average of 61 days on market in May 2024, down by 21.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
123 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shasta County has remained consistent over time.
Summary: During May 2024, 186 homes were sold in Shasta County; 16% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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