Is Ontario, 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, Ontario has remained a Seller's Market.
Housing Prices in Ontario, CA
How much do homes in Ontario, CA cost?
Median Sold Price
$649,102
$416/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ontario was $649,102 in April 2024, up 4.7% from last year, and the median price per square foot was $416.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $347.5K | $402.4K | +15.8% |
2 Bedrooms | $475K | $500K | +5.3% |
3 Bedrooms | $610K | $630K | +3.3% |
4 Bedrooms | $710K | $740K | +4.2% |
5+ Bedrooms | $820K | $846K | +3.2% |
Summary: Ontario housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Ontario | $620K | $649.1K | +4.7% |
Rancho Cucamonga | $719.9K | $745K | +3.5% |
Chino | $699.9K | $718.6K | +2.7% |
Upland | $766.8K | $780K | +1.7% |
Housing Supply in Ontario, CA
How many homes are available in Ontario, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
247 | 269 | +8.9% |
Summary: The Ontario real estate market had 269 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 57 | 54 | -5.3% |
3 Bedrooms | 98 | 107 | +9.2% |
4 Bedrooms | 71 | 73 | +2.8% |
5+ Bedrooms | 12 | 24 | +100.0% |
Summary: The Ontario housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 83 | +23.9% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Ontario in April 2024, up by 23.9% month-over-month. Of the 83 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.
Days on Market for Ontario, CA
How long does it take to sell a home in Ontario, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 19 Days | -42.1% |
Summary: Homes in Ontario had an average of 19 days on market in Apr 2024, down by 42.1% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 83 homes were sold in Ontario; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.