Is East Kern, 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, East Kern has remained a Seller's Market.
Housing Prices in East Kern, CA
How much do homes in East Kern, CA cost?
Median Sold Price
$310,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Kern was $310,000 in April 2024, down 2.7% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $80K | -33.3% |
2 Bedrooms | $210K | $215K | +2.4% |
3 Bedrooms | $291.7K | $293K | 0.4% |
4 Bedrooms | $385K | $397.5K | +3.2% |
5+ Bedrooms | $440K | $458.5K | +4.2% |
Summary: East Kern housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Mojave | $228.5K | $244.3K | +6.9% |
California City | $282.7K | $290K | +2.6% |
East Kern | $318.5K | $310K | -2.7% |
Housing Supply in East Kern, CA
How many homes are available in East Kern, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
163 | 163 | 0.0% |
Summary: The East Kern real estate market had 163 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 76 | 71 | -6.6% |
4 Bedrooms | 52 | 55 | +5.8% |
5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The East Kern housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in East Kern in April 2024, up by 11.4% month-over-month. Of the 39 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% were sold over asking.
Days on Market for East Kern, CA
How long does it take to sell a home in East Kern, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 45 Days | +0.6% |
Summary: Homes in East Kern had an average of 45 days on market in Apr 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in East Kern; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.