Justin Tye

Homeland, CA

Single-Family Homes

Active Realty I REAL



Homeland, CA

Fri May 24 2024
This week the median list price for Homeland, CA is $529,990 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 23. Click here to stay informed with the Homeland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Homeland, CA

Fri May 24 2024
This week the median list price for Homeland, CA is $529,990 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has increased to 23. Click here to stay informed with the Homeland market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Homeland market.
Median List Price $529,990
Median Price of New Listings $310,000
Per Square Foot $264
Average Days on Market 96
Median Days on Market 56
Price Decreased 35%
Price Increased 39%
Relisted 0%
Inventory 23
Median Rent
Market Action 44
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$615,990 2,387 6,500 - 8,000 sqft 4 2 1 0 3 70
$540,000 2,038 4,500 - 6,500 sqft 4 2.5 1 1 0 10
$506,995 1,644 6,500 - 8,000 sqft 3 2 10 1 1 14
$259,999 1,392 6,500 - 8,000 sqft 2 2 46 1 1 52