The California housing market is somewhat competitive. The median sale price of a home in California was $54K last month, down 50.6% since last year. The median sale price per square foot in California is $108, up 204.2% since last year.
What is the housing market like in California today?
In March 2024, California home prices were down 50.6% compared to last year, selling for a median price of $54K. On average, homes in California sell after 22 days on the market compared to 56 days last year. There were 12 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$54,250
-50.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
California, KY
$54,250
-50.6%
United States
To compare other locations to the California and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Louisville add value to a home.
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How hot is the California housing market?
California is somewhat competitive. Homes sell in 25 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on California housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in California.
Risk Factor
Flood Factor - Major
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
California has a major risk of flooding. 667 properties in California are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in California. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
California has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. California is most at risk from hurricanes. 2,685 properties in California have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 56 mph.