Is Manteca, 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, Manteca has remained a Seller's Market.
Key Takeaway
Manteca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manteca, CA
How much do homes in Manteca, CA cost?
Median Sold Price
$657,698
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manteca have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Manteca was $657,698 in April 2024, up 6.1% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $515K | $490K | -4.9% |
| 3 Bedrooms | $557.5K | $559K | 0.3% |
| 4 Bedrooms | $650K | $698.4K | +7.5% |
| 5+ Bedrooms | $782.9K | $807.5K | +3.1% |
Summary: Manteca housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.1%.
Housing Supply in Manteca, CA
How many homes are available in Manteca, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 55 | +19.6% |
Summary: The Manteca real estate market had 55 homes for sale in April 2024, a 19.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 24 | 29 | +20.8% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Manteca 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 40%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manteca, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Manteca in April 2024, up by 22.2% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for Manteca, CA
How long does it take to sell a home in Manteca, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 32 Days | -34.7% |
Summary: Homes in Manteca had an average of 32 days on market in Apr 2024, down by 34.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manteca are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Manteca; 64% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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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The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. 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. Properties may or may not be listed by the office/agent presenting the information.